Groupon news and trends

Groupon: American Consumers Are Spending More on Experiences, Less on Products

May 09, 2024
Groupon Taps Gifting Opportunity to Drive Spending Amid Cutbacks
Earnings // March 15, 2024

As consumers splurge on gifts in spite of other budgetary cutbacks, Groupon is looking to capture this lucrative opportunity. The eCommerce marketplace shared on a call with analysts discussing its fourth-quarter and full-year 2023 financial results Friday (March 15) that, amid revenue declines, the company...

Rakuten Stays at No. 1 in PYMNTS Provider Ranking of Coupon Apps
Coupon Apps // January 17, 2024

We’ve started a new year, and retailers are clearing old inventory to make way for new items. In come coupons to help move merchandise, and PYMNTS Provider Ranking of Coupon Apps is here to help you find the best deals. Each month, we determine the...

Rakuten Takes Lead in PYMNTS Provider Ranking of Coupon Apps
Coupon Apps // December 13, 2023

Coupons are helpful to most consumers, especially amid the holiday season. PYMNTS highlights the most popular savings applications every month in the Provider Ranking of Coupon Apps, whether you’re looking for discounts at the pharmacy, the mall or online. In this edition, Rakuten beats out...

Dollar General Still Commands Provider Ranking of Coupon Apps
Mobile Applications // November 14, 2023

In this edition of the PYMNTS Provider Ranking of Coupon Apps we see consistency in rankings but changes in scores. GoodRx climbs up the rankings with Groupon not far behind, whereas Flipp has slipped. Here’s how the ranking looks now: The Top 5 No. 1 remains with Dollar...

Interviews & Exclusives
The Life, Death And Rebirth Of The Daily Deal

February 21, 2020
Groupon is out of the business of selling consumer goods — an announcement that followed yet another disappointing earnings run from the eCommerce firm. The news took both consumers and marketwatchers by surprise. Consumers were mostly surprised to learn that Groupon was, in fact, selling products at all. Marketwatchers, on the other hand, got a […]

Is Delivery QSR’s Groupon Redux?

February 23, 2018
Getting customers through restaurants’ doors and getting restaurants through customers’ doors are two very different things. One can lead a business to succeed, even thrive, while the other can spell...

Why Deals Don’t Drive Loyalty

October 27, 2017
The selling point for Cheers was never the food; it was the fact that everybody knew your name. Talking the loyalty talk doesn’t inspire consumers to stick with a brand....

Groupon How Much Spent On Beauty And Wellness

July 28, 2017
Beauty is and always has been one of humanity’s favorite topics. English poet Thomas Overbury famously observed that it is only skin deep, while Irish poet Margaret Wolfe Hungerford noted...

Quick Reads
Groupon Exec Simon Goodall Named CEO of Caribou Financial

September 25, 2023
Caribou Financial has a new CEO, one focused on expanding the lender’s auto loan refinancing presence. “It’s a pretty simple business and it’s just a huge opportunity,” Simon Goodall, formerly Groupon’s chief commercial officer, told Bloomberg News in an interview Monday (Sept. 25). He is taking the job immediately, and replaces Kevin Bennett, who announced he was stepping down next […]

Groupon Reports Progress in Transformation Plan

August 09, 2023
Groupon is demonstrating progress with its transformation plan, interim CEO Dusan Senkypl said Wednesday (Aug. 9) during the company’s quarterly earnings call. The marketplace for local experiences and services saw...

Groupon Appoints Investment Group Co-Founder Dusan Senkypl as Interim CEO

March 31, 2023
Groupon has appointed Dusan Senkypl as interim CEO to lead the company’s transformation strategy. Senkypl is a co-founder of private equity investment group Pale Fire Capital and a member of...

Groupon Eliminating 500 Jobs as It Continues Restructuring Plans

January 30, 2023
Groupon will be eliminating another 500 jobs globally as it continues with its restructuring plans. The firm said in a filing with the Securities and Exchange Commission (SEC) that it...