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May 1, 2014 04:00 pm GMT

Groupon Goes After Costco And Sams Club With Groupon Basics, A Portal For Home Goods

basicsHeader_soapLast year, Groupon’s CEO Eric Lefkovsky said that his ambition was to makethe e-commerce company’s Goods business more like Costco, not Amazon. Today, the company is launching a new business called Groupon Basics — offering discounts on home goods to compete with warehouse-based bulk-buying clubs — that will bringit one step closer to that idea. Asan expansion of the… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/zmsXwWwLdfY/

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