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Groupon Debuts Groupon Basics and Rite Aid Corporation Sees Comparable Store Sales in April

Groupon, Inc. (NASDAQ: GRPN) debuted an online bulk shopping website service called Groupon Basics. This is a service that allow shoppers to purchase products in warehouse sizes. Shipping is free with purchases of over $24.99 and will be available without membership requirements or subscription fees. Groupon Basics will kick off with around 100 items on offer including Gillette razor heads, Dove deodorant, and Airborne immune supplement. The discounts are generally at 20%-30% off retail prices. Groupon, Inc. operates online local commerce marketplaces that connect merchants to consumers

Tesla Motors Sees Increase in Cars Sold in February and Groupon’s Board Member Mellody Hobson is Stepping Down

Tesla Motors, Inc. (NASDAQ: TSLA) sold about 1,600 Model S vehicles in the U.S. in March, a slight increase over the number of cars it sold in February. For the first three months of 2014, the company sold 4,700 cars in the U.S., less than a 1% increase over the same period last year. Barclays analyst Brian Johnson said in a report, "We believe that Model S demand in the U.S. has plateaued, leaving international sales to pick up the growth slack. Within International, with seemingly soft European sales outside of Norway, Tesla will be dependent on strong Chinese demand.” Tesla Motors,

Groupon Inc. Launches Elite Deal Series and Intuitive Surgical Soars after FDA Approval of Da Vinci System.

Groupon, Inc. (NASDAQ: GRPN) has launched its newest line of deals known as the Elite Deal Series. The Groupon Elite Deal Series is an ongoing collection of luxury items that primarily feature premium-plus pricing. The first deal in the series was $40 for $20 worth of Groupon Bucks. Purchasers will receive $20 in Groupon Bucks for buying any deal amounting to the premium-plus price of $40. This deal will be available only for a limited period though the Bucks will remain valid for further use on Groupon.com.Groupon, Inc. operates online local commerce marketplaces that connect merchants

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