“Today’s Daily Deal? Who Cares.” By Jessica Dickler reports…
Daily deal websites have done well for themselves. But according to cnnmoney.com, the excitement might be over. Gilt Groupe (provides flash sales for major fashion brands) traffic is down is 22% and Groupon down 13% since the beginning of this year. Overall traffic across the daily deal community is down. The solution seems to be websites, such as Savings.com, which can aggregate deals into one email so consumers are not overloaded with emails. The overkill could be consumers annoyed by daily emails or the over-saturation of deals from copycat companies.
“Postal Service: 7,500 Workers, $20,000 Buyouts” by Charles Riley reports…
The US Postal Service is trying its best to lay off 7,500 workers. For workers over age 50 and 20 years with USPS or any age with 25 years, has been offered $20,000 to leave. According to the article, seven district offices will be closed and there are plans to close about 2,000 postal offices. The Postal Service has stated that “its net loss totaled $8.5 billion in 2010” and the cuts should yield $750 million in savings. It’s no secret that dependence on viral communications has dealt a mighty blow to the Postal Service.
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