{"id":238,"date":"2009-12-07T11:43:01","date_gmt":"2009-12-07T16:43:01","guid":{"rendered":"http:\/\/www.nw-cpa.com\/?p=238"},"modified":"2009-12-07T11:51:23","modified_gmt":"2009-12-07T16:51:23","slug":"christmas-bargains","status":"publish","type":"post","link":"https:\/\/www.nw-cpa.com\/?p=238","title":{"rendered":"Christmas Bargains"},"content":{"rendered":"<p><a href=\"http:\/\/www.nytimes.com\/2009\/12\/07\/technology\/internet\/07private.html\">NY Times, December 7, 2009:<\/a><\/p>\n<blockquote><p>The private-sale sites \u2014 a misnomer because most of these so-called exclusive sites are open to anyone who signs up \u2014 have become a thriving corner of online commerce. Sites using the same \u201cwhile supplies last\u201d approach have sprung up recently to sell home furnishings, beauty products and travel packages.<\/p>\n<p>Private-sale sites are attracting brand-name investors. Kleiner Perkins Caufield &amp; Byers, the\u00a0<a style=\"color: #004276; text-decoration: underline;\" title=\"More articles about Venture Capital.\" href=\"http:\/\/topics.nytimes.com\/topics\/reference\/timestopics\/subjects\/v\/venture_capital\/index.html?inline=nyt-classifier\">venture capital<\/a> firm that backed\u00a0<a style=\"color: #004276; text-decoration: underline;\" title=\"More information about Google Inc\" href=\"http:\/\/topics.nytimes.com\/top\/news\/business\/companies\/google_inc\/index.html?inline=nyt-org\">Google<\/a> and\u00a0<a style=\"color: #004276; text-decoration: underline;\" title=\"More information about Amazon.com Inc\" href=\"http:\/\/topics.nytimes.com\/top\/news\/business\/companies\/amazon_inc\/index.html?inline=nyt-org\">Amazon.com<\/a>, invested on Wednesday in One Kings Lane, which sells home d\u00e9cor. Gilt Groupe raised $55 million from Matrix Partners and General Atlantic, and Rue La La\u2019s parent company was recently acquired by<a style=\"color: #004276; text-decoration: underline;\" title=\"More information about GSI Commerce Incorporated\" href=\"http:\/\/topics.nytimes.com\/top\/news\/business\/companies\/gsi-commerce-inc\/index.html?inline=nyt-org\">GSI Commerce<\/a> for $180 million.<\/p>\n<p>It works for the fashion industry, too, because as the economy slumped, stores deeply cut inventory, which left some designers with excess stock, depending on their production calendars. Some high-end brands view the sites as a place to unload inventory without sullying their image by having their merchandise appear on\u00a0<a style=\"color: #004276; text-decoration: underline;\" title=\"More information about Overstock.com Incorporated\" href=\"http:\/\/topics.nytimes.com\/top\/news\/business\/companies\/overstockcom-inc\/index.html?inline=nyt-org\">Overstock.com<\/a> or on the racks at Filene\u2019s Basement. The members-only Web sites also ensure that search engines will not locate and list the discounted products.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>NY Times, December 7, 2009: The private-sale sites \u2014 a misnomer because most of these so-called exclusive sites are open to anyone who signs up \u2014 have become a thriving corner of online commerce. Sites using the same \u201cwhile supplies last\u201d approach have sprung up recently to sell home furnishings, beauty products and travel packages. &hellip; <a href=\"https:\/\/www.nw-cpa.com\/?p=238\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Christmas Bargains<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-238","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=\/wp\/v2\/posts\/238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=238"}],"version-history":[{"count":3,"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=\/wp\/v2\/posts\/238\/revisions"}],"predecessor-version":[{"id":241,"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=\/wp\/v2\/posts\/238\/revisions\/241"}],"wp:attachment":[{"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nw-cpa.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}