Despite its hype and promise, the online grocery business has proved to be a famously treacherous one, with such highly financed victims as Webvan and Streamline. Thus it was no small feat when SimonDelivers, the New Hope, Minn.-based online food retailer, announced last year that it had posted the first profitable quarter - in quarter two, ending March 27, 2005 - in the company's six-year history. Since then, the third and fourth quarters did not follow suit. However, as a ...
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