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Groupon sells 500 percent more holiday deals
Published on 2011-11-30 19:49:00
Groupon sold more than 650,000 holiday deals between Black Friday and Cyber Monday, an increase of 500 percent compared with last year, Mason said in a blog post on Wednesday. The largest daily-deal company's shares have been slammed in recent weeks on concern about increased competition. The stock has fallen by nearly half since hitting a high of $31.14 on its November 4 market debut. Groupon
Shoppers Spent More This Black Friday
Published on 2011-11-30 19:46:00
Both Town and County boutiques and Manchester big box stores saw record—and well behaved—crowds during Black Friday 2011. “It was really busy the whole day,” said a clerk at Codi Jewelry in Town and Country Crossing. Though Codi didn’t advertise its sale, the store sent out special Black Friday alerts to customers who joined its email list. Managers at larger stores said they were pleased with
What recession? $1.2billion expected in Cyber Monday sales, up 20% from last year
Published on 2011-11-29 07:43:00
Shopping addicts not yet bleary-eyed from Black Friday took to their computers, tablets, and SmartPhones Monday for what could turn out to be the heaviest day of online spending ever. Online sales are expected to top $1.2billion, up 20 per cent from last year’s $1billion, showing American’s growing comfort with shopping for goods on the Internet. Cyber Monday, which started in 2005, has
