Posts tagged with 'flash sales'
Nordstrom is used to being the retailer where shopping sprees happen. But sometimes it’s more fun to go on one of your own.
Yesterday, the high-end retailer announced that it is acquiring flash
sale site HauteLook for $180m in stock, with an additional $90m in stock
subject to a three-year earn-out.
The deal marks one of the largest
acquisitions yet in one of the internet's hottest markets: flash sale
websites which offer consumers deep discounts on products ranging from
handbags and dresses to houseware and furniture.
Read more...
by Patricio Robles
18 February 2011 15:16pm
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