Sucharita Mulpuru News
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As Groupon Inc. rushes into e- commerce, it needs to line up vast numbers of products to become profitable. To secure sufficient inventory, the company is developing software that will help small retailers easily set up flash sales on its Groupon Goods site.
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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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United Parcel Service Inc. and FedEx Corp. are testing strategies for a same-day delivery market fueled by Web retailers trying to match the instant gratification their brick-and-mortar competitors offer shoppers.
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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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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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Like many users of mobile devices, Arvind Jain is annoyed by how long it takes Web pages to load over cellular connections.
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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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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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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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One iPad isn’t enough for Patrick Smith’s family.
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