Lot18 Sours on Flash Sales, Lays Off 25 as It Shifts to Wine Subscriptions

The online wine seller hopes the two moves will bring it to profitability.
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Prioritizing Growth Over Profits, One Kings Lane Raises $50 Million in Capital

To date, the online retailer has now raised $117 million.
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Wayfair Raises $36 Million in Search of Home Decor Dominance

Wayfair, a Boston-based network of retail sites that focuses on home decor, has raised $36 million in its second round of funding amid rapid expansion of its third retail branch: a flash-sales site called Joss & Main.

Gilt Groupe’s Hunt for a CEO Ends With Board Member Michelle Peluso

Citigroup executive and former Travelocity CEO Michelle Peluso is taking over for Kevin Ryan at Gilt Groupe.
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One Kings Lane Stocks Up on Talent as Revenue Is Projected to Hit $200 Million

One Kings Lane CEO Doug Mack said in an interview that the luxury home decor site is on target to hit $200 million in net revenue this year, and is aggressively hiring more engineers.
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Are Flash Sales Still “Fab”ulous?

Venture capitalists, including Skype co-founder Niklas Zennstrom, have invested another $105 million in Fab.com Inc., a sign investors still see potential in the business of luxury “flash sales” even as growth rates slow and profits remain elusive.

Gilt Groupe’s New Live Stream Allows Shoppers to Spy on What Others Are Buying

A new feature is launching today on Gilt.com, the New York-based women’s and men’s apparel flash sales site — it lets you spy, in real time, on other people’s carts (anonymously, of course).
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Overblown Commerce Models, Part III: Subscription Commerce

The third wave of e-commerce is officially here, and it may have already jumped the shark.

Ideeli Latest Round Brings Total Raised to Nearly $100 Million

That’s a lot of kicky dresses, strappy tops and to-die-for pants.
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The Californication of the Daily Deals Market: Cheap Tickets

Crowd Seats is bringing a bit of Hollywood to the daily deals business.
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