5 posts and columns on private sales

O.co Shutters at Least Three Businesses, As It Questions New Commerce Models

in Commerce on November 6, 2011 at 6:30 pm PT

O.co has shut down three of its product categories, and a fourth is on hold, after some of its experiments over the past couple of years have not penciled out.
overstock_eziba goodbye_small

Is Turkey the Next Big Market Opportunity?

in Commerce on August 10, 2011 at 1:00 am PT

Nope, it’s not China or India. It’s Turkey. Kleiner Perkins Caufield & Byers, best known for investing in Google, Amazon, Twitter and Zynga, has made its first investment in Turkey.
trendyol

Nordstrom's Flash Sales Revenues to Hit $180 Million This Year

in Commerce on May 13, 2011 at 12:50 pm PT

Nordstrom is estimating that its newly acquired flash sales site, HauteLook, is on track to record sales of $160 million to $180 million in 2011.

Overstock's Travel Site Takes Flight With Heavily Discounted Hotels

in Commerce on March 27, 2011 at 4:00 pm PT

Overstock, which has focused on liquidating unsold inventory for the past 12 years, is branching out into offering discounts on hotel rooms around the world.

Private-Sale Sites Grow in a Struggling Economy

in News on October 29, 2009 at 7:54 am PT

The success of private-sale sites like Gilt Groupe, which holds daily members-only sales of off-season luxury items, have led to imitators hoping to emulate the success of a business model that’s catching on with recession-strapped consumers. Private-sale sites let shoppers experience the cachet of owning luxury items without paying full price.