WEBVAN IS ROLLING OUT $1 BILLION DC PLAN

FOSTER CITY, Calif. -- Webvan, the Internet grocery retailer here, is implementing an aggressive $1 billion growth plan in an effort to capture the burgeoning Internet grocery retail market.The retailer has enlisted a third-party construction, engineering, development and management company to bring the project to fruition and the substantial capital will be used to open 26 new distribution centers

FOSTER CITY, Calif. -- Webvan, the Internet grocery retailer here, is implementing an aggressive $1 billion growth plan in an effort to capture the burgeoning Internet grocery retail market.

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