Seven months after Tim O’Shaughnessy said he would step down as LivingSocial CEO, the deals company has named Gautam Thakar as his replacement.
Groupon has purchased fashion discounts firm Ideeli for $43 million in cash, the companies have announced.
Tim O'Shaughnessy has announced that he will step aside as CEO of LivingSocial after co-founding the company in 2007.
After 13 years at retailer Best Buy, Barry Judge last February joined LivingSocial as marketing chief, right around the time the daily-deals site looked like a sinking ship. Industry watchers questioned the 6-year-old company’s ability to find cash as they also wondered about its relevancy among Web-deals-weary consumers.
Baby Boomers are hardly gearing up for Black Friday, while perhaps surprising, more than a quarter of millennials plan to hit the mall hard next week.
With Thanksgiving only 10 days away, how will mobile will affect in-store and e-commerce sales during the holiday season?
Groupon today has launched an OpenTable-like feature called Groupon Reserve that lets consumers book restaurant tables at double-digit percentage discounts.
As new brands are brought to life in the evolution of various verticals, others will inevitably give up the ghost. While obsolesence related to industrial shifts is the No. 1 killer of outdated concepts or companies, other factors may guide the executioner's hand, including failure to innovate, cash flow issues and heavy competition.
LivingSocial today tapped Barry Judge as CMO, the same role he held at Best Buy for the last four years during his decade-plus tenure at the big box retailer.