Are Flash-Sale Sites a Flash in the Pan?
When Zulily shares soared 71% on Friday during its IPO, investors seemed to be betting on the success of flash-sale sites. However, further evidence shows the industry is struggling. According to data from Dotcom Distribution, 44% of comments on flash-sale Facebook pages are negative. Dotcom president Maria Haggerty explains the flash-sale industry’s challenges in MarketWatch.