Amazon’s Prime Day is proving to be a significant event for the retail industry. In its third year of existence, this annual discount day for the eCommerce retailer is helping to bring droves of consumers into eCommerce in a concentrated time frame. This year, personalized...
One startup retailer is breaking the cycle of deep discounts and might be starting a retail revolution in the process. JackThreads CEO Mark Walker had a problem: He was successful at moving a lot of merchandise fast, but his online men’s clothing business had come...
Beyond the Rack — one of the many online retailers that rode the flash sales trend all the way to the top and then back down the mountain — has filed for protection from its creditors as it faces both a liquidity crisis and a lack...
Online retail giant QVC is reportedly acquiring flash sales site zulily for $2.4 billion in a cash-and-stock deal. The acquisition, which comes almost two years after the struggling eCommerce company went public, is strategic for QVC’s growing efforts to build up its omnichannel reach and shift...
May 16, 2016
One startup retailer is breaking the cycle of deep discounts and might be starting a retail revolution in the process. JackThreads CEO Mark Walker had a problem: He was successful at moving a lot of merchandise fast, but his online men’s clothing business had come to rely on flash sales that didn’t drive the kind […]
August 18, 2015
Online retail giant QVC is reportedly acquiring flash sales site zulily for $2.4 billion in a cash-and-stock deal. The acquisition, which comes almost two years after the struggling eCommerce company...
August 17, 2015
The decline in popularity of flash sale sites has resulted in layoffs at a Groupon-owned company. Ideel, which Groupon purchased last year for $43 million (when it was called Ideeli),...
