Wall Street analysts poring over deal giant Groupon’s Initial Public Offering (IPO) documents express worry about merchant and customer fatigue. Wait until they see a new survey showing that only 43 percent of restaurants make a profit on their daily deal promotions, and only 36 percent of restaurants plan on offering more deals. There’s a certain uneasiness among the financial experts trying to make sense of deal-of-the-day site Groupon’s IPO. When they look at the ...
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