CHICAGO -- Peapod here said last week it will close its San Francisco-area distribution center to focus on pursuing its "clicks-and-bricks" partnership with Ahold USA, Chantilly, Va. Last year, Ahold became Peapod's majority shareholder. In a conference call with investment analysts, Marc van Gelder, Peapod president and chief executive officer, said he was closing the company's San Francisco operations, which opened in 1993, "with regrets, but this is not a strategic market for us. We will ...
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