The deal to manage the NBA Store, which it signed in May, is new territory for Fanatics, although it does have some relevant experience in brick - and - mortar on a smaller scale, thanks to
recent retail promotions at NASCAR tracks and at college and pro stadiums.
Not exact matches
Groupon may be getting all the headlines lately, but competitor LivingSocial launched a gift - card
promotion with Amazon today that shows the kind of marketing power the group - buying company now has at its disposal, as a result of the
recent $ 175 - million investment from the online
retailing giant.
Updated: Groupon may have gotten the lion's share of the attention in the group - buying market lately, thanks in large part to its chutzpah in turning down a $ 6 - billion acquisition offer from Google (s goog) and reports of a planned IPO that would value the company at more than $ 15 billion, but competitor LivingSocial is making some news of its own: the company today launched a
promotion with Amazon (s amzn) that shows the kind of marketing power the group - buying company now has at its disposal, as a result of the
recent $ 175 - million investment it got from the online
retailing powerhouse.
In a
recent report, however, L&F Capital Management noted that the
retailer will still face long - running competitive pressures on its margins, due to
promotions and higher shipping costs stemming from its digital business.