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Groupon Inc (GRPN) News: Warehouse Networking, Ended Offer & Amazon.com, Inc. (AMZN)’s Dominance

Editor’s Note: Groupon Inc (NASDAQ:GRPN), Amazon.com, Inc. (NASDAQ:AMZN)

No way Amazon is going to buy Groupon: Analyst (CNBC)
Groupon Inc (NASDAQ:GRPN) is taking a cue from Amazon.com, Inc. (NASDAQ:AMZN) and developing a warehouse network in North America for its Goods business. While that’s a step in the right direction, it likely won’t be a game changer, said R.J. Hottovy, a senior retail analyst at Morningstar. “It’s a sensible move on Groupon’s part to build out [Goods], but it’s tough to ever see this becoming anything more than a niche business,” Hottovy said. “Even the CEO said they’re not going to distribute all products, so I don’t think it’s going to be much of a disruption.” Amazon.com, Inc. (NASDAQ:AMZN) already dominates in products delivery, he added, which is another reason Groupon’s having warehouses won’t make too many waves.

Groupon Inc (NASDAQ:GRPN)

Groupon Partners w/ Sheffield Place to Aid Moms, Kids (DDM)
Groupon Inc (NASDAQ:GRPN) has partnered with Sheffield Place – a Kansas City homeless shelter for single moms and their children. The partnership is among Groupon’s efforts to bolster programs that aid local residents in communities across the U.S. Sheffield Place offers rehabilitation to mothers struggling to overcome addictions. While staying at the shelter, moms can study new job skills and put their lives in order while caring for their children.

The Partners’ Gallery launches gift voucher GroupOn offer (AllMedia)
THE Partners’ Gallery, a unique boutique fashion accessory retail outlet located within The Italian Bistro in Glasgow’s West End, has launched a half price gift voucher offer on GroupOn offering £40 gift vouchers for just £20. Amongst the items on display at The Partners’ Gallery are a selection of rose gold jewellery, necklaces, earrings, rings, bracelets, leather handbags, diamante clutch bags, silk scarves and other accessories.

Groupon cancels deal offer for Austin Aquarium (Austin Business Journal)
Daily deals site Groupon Inc (NASDAQ:GRPN) has cancelled a discount offer if had sent to Austinites for the troubled Austin Aquarium and has issued refunds to purchasers. YNN reports that a Groupon spokeswoman declined to specify why the offer was ended, but the under-construction 22,000-square-foot facility in North Austin and its ownership have recently run into legal problems and permitting issues with the city of Austin.

The Yankees Are Now Using Groupon To Sell Tickets (Business Insider)
With attendance down and playoff hopes dwindling, the New York Yankees have now turned to Groupon Inc (NASDAQ:GRPN) to unload unsold tickets during the final month of the season. With the deal, which can be seen at this link, fans can purchase up to eight tickets for main level seats (second tier of seating) for just $35 each ($60 face value) or up to eight field level seats (ground level) for $60 each ($95 face value).

Trading Groupon (CNBC)

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