On August 19th, a new way of dressing entered the world for business-people everywhere. The Reign Effect launched its business with the aim to help both business men and women get ready for work in the morning without the hassle of having to ransack their closets for sophisticated, fresh, well-put-together outfits.
Created by serial entrepreneurs Cynthia Whiting and Natara Williams, the Reign Effect offers a simple step-by-step process to providing its consumers with well-tailored outfits appropriate for each new season.
The first step is to choose a style.…
LivingSocial has just announced the details of its new deal with SeatGeek, the web’s largest ticket search engine.
SeatGeek is a company that gathers ticket details for a variety of shows, from concerts and musicals to sports games and stand-up comedians. Once obtained, the company then ranks the events based upon how great the deal is and from there recommends the best ones to customers.
LivingSocial, under the new agreement, will be able to provide live event tickets into its deal platforms. The deal with SeatGeek, which is the first…
Groupon will release third quarter financial results via a conference call today at 5:00 p.m. A webcast will also be accessible at http://investor.groupon.com. The webcast will be available for replay even after the conference call, as will be a slide presentation, financial tables, and the company’s earnings press release.
Groupon, which launched in November of 2008, is currently the leader of local commerce worldwide. It provides its customers with unbeatable deals to products all over the world, from vacations to electronics and home goods.
In an effort to expand its business in the local commerce industry, Groupon has updated its Deal Builder. Since its launch this past February, the do-it-yourself tool has built over 25,000 deals.
The Deal Builder is currently most popular with merchants in the photography, automotive, cleaning, beauty and wellness, fitness, retail, and restaurant industries. Businesses are now able to create their own deals 24-7, and Groupon has added in more pricing, editorial, and photographic features. There are over 5,000 category-specific stock images to choose from, and the process includes…
Tesco Ireland has chosen to partner with LivingSocial in order to benefit its Clubcard members. Tesco Clubcard members throughout Ireland will now earn one point for every two euros spent on LivingSocial’s website.
The grocery giant, which is Britain’s biggest retailer, launched its first partnership with LivingSocial in the United Kingdom in April of last year. Since the UK launch, more than 133,046 Clubcard holders have connected their accounts to LivingSocial.
LivingSocial has over 500,000 subscribers in Ireland, and its Ireland site receives over 250,000 visits each week. Ever since its partnership with…
According to analysts Arvin Bhatia and Brett Strauser, Groupon shares could greatly increase by the end of the year.
The Sterne Agee speculators noted that the company is trading with a discount much greater than its competitors, and that, if it can remain focused on a few minor things – like expanding its North American Local billings and growing the gross margins in its Goods section – it should be able to nearly double its current estimates.
While Groupon currently uses e-commerce trends as a main investment theme, the upcoming Investor and…
On Monday, September 22nd, chief accounting officer Brian Stevens sold 9,406 of Groupon shares for a total of $65,089.52. The average price was $6.92 per share. Stevens, who joined Groupon in 2012 and is currently responsible for the company’s worldwide accounting and financial reporting activities, now owns 6,674 shares with a value around $46,184.
Earlier this month, RBC Capital upgraded its rating of Groupon shares from an “underperform” to a “sector perform.” The stock’s price also went up from $5.00 to $6.00. Zacks rated Groupon’s shares as “neutral” last…
Groupon recently revealed its staff diversity figures. Or rather – in accordance with the results – its lack of diversity figures.
The statistics for the major daily deal company proved similar to those for Apple, Facebook, and other various tech companies, all of which experienced overall homogeneity in employees.
Groupon currently employees more than 12,000 employees, and of those, 71% are white, followed by 15% Asian, 4% African American, 5% Hispanic, and 4% labeled as “other.” Though the company seems more equal in gender statistics with 53% being male and…
In an effort to help restaurant owners generate business during slow peaks,Groupon is now providing reservation-based deals for restaurants which are only valid at a scheduled time and date.
Since customers make the reservation through the Groupon website or app, presentation of the deal is not even required upon entry. Not only are the deals increasing revenue for businesses at times when they normally wouldn’t, but they are also decreasing the likelihood of cancelled reservations since customers will have already purchased their meals to be consumed at a specific time.
Frontera Grill was…
With the adaption of coupons into the mobile payment industry, the necessity for retailers to accept and efficiently offer these coupons has increased.
Thanks to a recent survey, it has been revealed that 59% of customers admitted that digital coupons and coupon codes, as opposed to other digital deals, highly influenced their purchase decisions. In fact, 63% of the customers stated that the digital coupons made the final decision for them when they were weighing out their purchases.
Coupons continue to take the lead in promotion practices. Not only do digital coupons decrease…