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Topic: Deals

Cheil Rounds Out Its Portfolio With Iris Deal

Welcomes a retail marketing specialist to the family

Cheil Worldwide's investment in retail marketing specialist Iris further rounds out the portfolio of agencies that Cheil has amassed in the past five years. Since 2008, the South Korean company has…

Vice Raises Another $250 Million via Deal With Technology Crossover Ventures

That's $500 million in less than a week

On the heels of selling 10 percent of its company to A&E Networks for $250 million last week, Vice said Thursday that it has raised another $250 million through another…

Daimler Gets Into Ride-Sharing Apps

Acquires RideScout and MyTaxi

Daimler, owner of Mercedes-Benz, has acquired rival companies RideScout and MyTaxi to reach a new market of consumers who favor ride-sharing apps over owning a car. The Wall Street Journal and…

Why Post-O'Shaughnessy LivingSocial Might Not Be Dead In Its Tracks

Closer to profitability than folks realize, source says

Tim O'Shaughnessy has announced that he will step aside as CEO of LivingSocial after co-founding the company in 2007. Per O'Shaughnessy's letter posted today via the firm's blog, the struggling…

JCPenney Returns to Sales Strategy Online, but Struggles Persist

Retail giant now pitching three deals a day, per researcher

One month after JCPenney fired top exec Ron Johnson and brought Mike Ullman back as CEO, the retailer reportedly says it expects year-over-year Q1 revenues to be down 16 percent…

Starbucks' Heavy Metal

Gilt deal offers $450 stainless steel loyalty card

Whether Starbucks coffee is anything special is a matter of opinion, and yet the brand clearly has many caffeine addicts hooked. But are they willing to fork over $450 to replace…

Banks Eat Into Groupon's Business

Banks increasingly finding daily deals too big to pass up

One day after Groupon's disappointing Q2 earnings report, the daily deals row isn't getting any easier to hoe. For the second consecutive week, a major banking institution has rolled out…

Groupon Takes a Page Out of Facebook Studio

Deals platform looks to educate local merchants on its offerings

Facebook Studio, eat your heart out. Following a trend among notable digital firms like Facebook, Groupon today announced significant upgrades to GouponWorks, a resource that’s designed to show local merchants…

AmEx Adds Personalized Offers to iPhone App

Deals recommended based on spend history, location

Last year Facebook shuttered its deals business in an apparent forfeit of the market to Groupon among others. But since closing its first day of trading at $26.11 per share,…

Avoiding the 'Scorched Earth' Approach to Daily Deals

Marketers talk women and loyalty

Not all deal sites are created equal, said Beth Ellard, general manager of lifestyle website and newsletter DailyCandy. Speaking on an Advertising Week panel on women and marketing, Ellard talked about DailyCandy's version…

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