- The Chicago Sun-Times reports that new Peapod CEO Andrew Parkinson intends to continue expanding the online grocer’s geographic presence.
“Plans call for Peapod to serve new markets in New Jersey by the end of the year, to expand services in Connecticut in 2005 and to push into the Philadelphia market either next year or in 2006,” Parkinson told the paper. “The online grocer also will seek to venture into New Hampshire and expand in existing markets such as Maryland, Rhode Island and in the Washington area.”
Peapod is a division of Ahold, and is profitable in 13 of its existing U.S. markets, according to the company. The e-grocer was founded by Parkinson and his brother, Thomas Parkinson, who serves as the company’s CTO. Andrew Parkinson had been serving as CFO, but was promoted when former CEO Marc van Gelder decided to return to the Netherlands.