Shakeups

Hungover After an Expansion Bender, Lot18 Pulls Out of the U.K., Lays Off Six

Mr. James (Photo: Lot 18)

Yesterday, Lot18–the members-only site for flash sales of wine–announced in a statement distributed to wine industry publications that it will permanently shutter its U.K. operations, effective at the end of the week. That includes laying off six full-time employees.

Apparently, British oenophiles are hard customers to come by these days.

The statement explains the closing: “The supermarkets’ stranglehold on the UK market proved too powerful for us to compete with and we have not experienced the anticipated growth rate.”

For those keeping score at home, this is not the first time Lot18 has dropped the axe on a significant number of employees. Back in January, the luxe startup let go of 15 percent of its staff–its first stumble following an explosive expansion. At the time, Lot18 CEO Philip James told Betabeat, “A lot of this is a natural part of the way a business grows and evolves.” Think he’s currently eating–or perhaps swigging–his words? Read More

Daily Daze

New Web App Conveniently Unsubscribes You From All Those Annoying Daily Deals Emails

Ms. Pische (Google+)

Daily deals were on the rise last year, and for a few heady months everyone got really excited about them. Groupon’s copy was still cute and quirky and hadn’t yet begun to tip over into cloying; 2-for-1 skydiving lessons were still a happy novelty; this reporter even interviewed for a Google Offers copywriting gig (and no, she didn’t get it).

But then came that faint gloom cloud, and suddenly the daily deal business model was being called into question. And frankly, it got really, really tiring to delete emails from Groupon, Living Social and Google Offers on a regular basis for coupons we would occasionally buy and then never use.

That’s why we’re thankful for Unsubscribe Deals, a new web application from a “recovering lawyer” named Edwin Hermawan and a West Village waitress named Lea Pische. In one easy step, the app connects to your Gmail account and automatically unsubscribes you from the deals emails you signed up for, including Groupon, Amazon Local and Daily Candy. Read More

Daily Deals Dating

Online Dating Site Serves Up a Daily Deal With Your Match

Ms. Kang (twitter.com)

On most online dating sites, there’s no incentive to connect with someone right away. Match.com profiles are just always there for you to peruse, so there’s no pressure to act now and meet your perfect match. Recent Harvard Business School grad Arum Kang wants to change that with her new startup Coffee Meets Bagel, which integrates the concept of time-sensitive matchmaking with daily deals incentives. Read More