Posts tagged with Ventee Privee

Nordstrom goes on a $270m flash sale shopping spree

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.