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Seth Gardenswartz's Blog – April 2012 Archive (1)

How Groupon-Type Deals Sucked $115M from Independent Restaurants in 2011

Groupon and the other deal sites had a great 2011.

The total “deal” volume grew a whopping 140%! So that should mean a big lift for restaurants, especially independent restaurants, that sell a majority of daily deals, right?

Unfortunately, the data reveals that visits actually fell while money was siphoned out of the restaurant industry. …

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Added by Seth Gardenswartz on April 11, 2012 at 10:00am — No Comments

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