July 13, 2001, 12:00 AM

HomeRuns strikes out

Massachusetts-based online grocer HomeRuns.com has ceased operations.

Kurt Peters

Executive Editor

Webvan Group Inc. has some company. Only three days after Webvan shut its doors, online grocer HomeRuns.com, which has been on the web since 1996, abruptly ceased operations. Burlington, MA-based HomeRuns issued a statement on Thursday stating that it was unable to raise the capital it needed to underwrite its expansion plans. It started operations as a part of Hannaford Bros. Co. supermarkets then spun off into a separate operation. Late last year it began expanding into Washington, D.C. Just a few weeks ago, a HomeRuns executive said the company was heading toward profitability. Executives are not answering the phones at HomeRuns’ headquarters.

 

Comments

Sign In to Make a Comment

Comments are moderated by Internet Retailer and can be removed.

Not a member? Signup for free today!

Advertisement

Advertisement

Advertisement

Relevant Commentary

FPO

Jason Squardo / Mobile Commerce

Five tips for achieving high mobile search rankings

Searches on mobile devices will soon exceed those on computers, Google says. Retailers that keep ...

FPO

Sergio Pereira / B2B E-Commerce

Quill turns to its B2B customers for new ideas

Coming in April is a new section of Quill.com that will let customers and Quill ...

Advertisement