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Don't cry for Groupon's ex-CEO - he has a $260 million "nest egg" and $228 million in stock

Andrew Mason isn’t leaving Groupon empty handed... One thing is crystal clear already: Mason has a tidy nest egg — roughly $260 million — to spend on whatever tropical island he may hit to nurse his wounds, or to splurge on the fat camp he referenced in a letter to employees.


Groupon Shares Plunge


Groupon lost more than a fifth of its value in early trading after reporting a quarterly loss late Wednesday that fueled criticism of the daily-deals site's aggressive growth strategy.


Cyber Monday likely to be busiest online sales day

Black Friday is a distant memory. Small Business Saturday is long gone. Now, it's Cyber Monday's turn. Cyber Monday, coined in 2005 by a shopping trade group that noticed a spike in online sales on the Monday after Thanksgiving when people returned to their work computers, is the next in a line of days that stores are counting on to jumpstart the holiday shopping season.


Black Friday creeps into Thursday

Black Friday

Put down that turkey leg. It's time to shop. No, really. Stores typically open in the wee hours of the morning on the day after Thanksgiving known as Black Friday, named for the period when stores traditionally turn a profit for the year.


Holiday shopping forecast: Stronger, and predictably crazy

Some day in the future, anthropologists may be able to explain the bizarre shopping rituals of the 21st Century American consumer during the holiday season: Why, for example, so many people look for bargains on one day – Black Friday – when with a little work bargains can be found on the other 364. Or why they stand in midnight lines in bleak winter weather only to risk stampedes and fight each other for cheap gifts.


Travel experts share bargain-hunting tips

Experts from Travelzoo, LivingSocial and share strategies for stretching vacation dollars. If you don't know where you're going on vacation this year, you may not be indecisive.


Groupon reports quarterly net loss

Groupon Inc reported a quarterly net loss Wednesday as the largest daily deal company recorded higher taxes overseas.


TV prices plunge ahead of Super Bowl

TV Sales: Superbowl XLVI

Retailers are throwing in extras such as free delivery and installation, offers to pay the sales tax and complimentary Blu-ray players and 3-D glasses to attract customers. Whether the New England Patriots or the New York Giants win the Super Bowl this weekend, television buyers will be the ones scoring big.


Uninsured turn to daily deal sites for health care


The last time Mark Stella went to the dentist he didn't need an insurance card. Instead, he pulled out a Groupon. Stella, a small business owner, canceled his health insurance plan more than three years ago when his premium rose to more than $400 a month.


U.S. stores hope for "Mega Monday" of brisk sales

Mega Monday

Shoppers found a mixed bag of bargains and so-so deals on Monday, as a day off for many Americans and warm, dry weather lured some out for what was likely to be the third busiest shopping day of the holiday season. Chains were also hoping that shoppers coming in to redeem the millions of gift cards given as presents might be willing to spend a bit more cash of their own.


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