Fab.com Brand Sold For Maybe $15 Million-ish, Spinoff Still Sells Furniture

Fab.com Brand Sold For Maybe $15 Million-ish, Spinoff Still Sells Furniture

You may remember Fab.com from when people were posting affiliate links from them to your Facebook feed almost constantly. The company was massively successful as part of the recession-era flash-sale boom, combining discounts with well-curated products. That model led the company to have hundreds of employees and a $1 billion valuation. Then that business collapsed. Now the Fab.com brand has been sold for…well, the companies involved aren’t disclosing how much the final sale price is. [More]

Zulily Takes Weeks To Ship Merchandise, And Customers Love It

Zulily Takes Weeks To Ship Merchandise, And Customers Love It

Flash-sale sites are merchants that offer items for a deeply discounted price, for a limited time and in limited quantities. (Woot is an example that most of our readers might be familiar with.) They became very popular during the most recent recession when high-end retailers had piles of merchandise that nobody wanted, but most of these sites have faded…except for Zulily. Why is that? [More]