FOSTER CITY, Calif. -- Borders Books & Music co-founder Louis Borders is gearing up for an on-line food fight in the San Francisco Bay market with the launch of a consumer-direct Internet grocery service in early summer. Unlike other on-line grocery merchants, such as Peapod, Skokie, Ill., www.peapod.com, and NetGrocer, North Brunswick, N.J., www.netgrocer.com, the Webvan site, www.webvan.com, will not initially use local retailers to fulfill orders. Instead, it has heavily invested in ...

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