Sucharita Mulpuru News
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Last April, Gamestop Corp. opened a store on Facebook to generate sales among the 3.5 million-plus customers who’d declared themselves “fans” of the video game retailer. Six months later, the store was quietly shuttered.
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Amazon.com Inc. and EBay Inc., aiming to get more consumers to shop online this holiday season, are taking their fight to brick-and-mortar retailers’ home turf on Black Friday, the busiest shopping day of the year.
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Groupon Inc.’s shares, which have fallen below the company’s initial public offering price, show that both merchants and investors are having second thoughts about the nascent daily-deal industry.
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One iPad isn’t enough for Patrick Smith’s family.
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Target Corp. spent two years preparing to take control of its website from Amazon.com Inc. and on the day of the debut included a link on the home page titled “learn all about what’s new.” The link didn’t work.
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Yelp Inc., a website that collects local business reviews, is scaling back its year-old deal service, following Facebook Inc.’s retreat from a market where consumers and merchants say they’re becoming inundated.
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LivingSocial , the second-biggest website for daily deals, will use a $183 million investment led by Amazon.com Inc. to overtake market leader Groupon Inc., the company’s chief executive officer said.
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LivingSocial heralded a new era last month when it offered a $10,000 coupon for a penthouse-suite package at San Francisco’s Fairmont hotel: Daily-deal sites are going upscale.
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A former Microsoft Corp. product manager who once worked for Michael Dell ’s hedge fund aims to do for restaurants what Expedia Inc . does for airplanes: fill empty seats during off-peak hours.
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When Tiffany Ivanovsky isn’t taking care of her seven children or working as a director of a Christian preschool in The Woodlands, Texas, she’s writing about shopping deals for parents on her blog, MyLitter.com. While unearthing bargains for her 300,000-plus monthly readers, Ivanovsky, 36, clips coupons for her own family, too, using a rewards site called Swagbucks.
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