abracky
3 years ago
2020's Silver Lining: 7 out 10 People Say They Appreciate Their Loved Ones More Than They Did at the Start of the Year
Source: Business Wire
In a new Groupon holiday survey, nearly 70% of people say they’re more appreciative of family and friends as a result of 2020’s challenges
67% of people are more determined than ever to give their loved ones the perfect gift this year
77% said they also plan to treat themselves with more gifts this year as a way to help de-stress and unwind
A majority of Americans, 56%, said 2020 has been the worst year of their entire lives, according to the results of a new Groupon survey. This year, however, wasn’t all bad, and if nothing else, the past 11 months have taught nearly 70% of those surveyed to be even more appreciative of family and friends than they were at the start of the year. To that end, nearly 70% of people also indicated that they’re more determined than ever to give their loved ones the perfect gifts this year.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201202005791/en/
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In a new Groupon holiday survey, nearly 70% of people say they're more appreciative of family and friends as a result of 2020's challenges. (Graphic: Business Wire).
The survey, commissioned by Groupon, polled 2,000 people from around the United States to find out how the pandemic and other events have impacted holiday gifting trends. The study also looked at how people are changing their approach to celebrating this year and what they’re looking forward to the most over the next few weeks.
“We know we’ll have a different kind of holiday season this year, but according to our research, people are going into it with a mindset of appreciation,” said Groupon’s Chief Communications Officer Jennifer Beugelmans. “As we head into the end of the year, people are searching for ways to show their friends and family how much they are loved and missed. Whether they are planning on giving personalized experiences or goods, shoppers are looking for meaningful ways to communicate how much they care. Plus, we’re finding that many people are planning to gift experiences they can do with their loved ones in a post-COVID world.”
Show the Love This Season
In addition to being more appreciative of family and friends, 65% of those surveyed said they plan to put more thought into this year’s gifts and 60% intend on giving more personalized items and experiences. A whopping 76% of those surveyed said they hope their gifts bring added cheer to the recipient and uplift their spirits. Sixty-five percent said they plan to spend as much or more than they did on gifts last year.
Treat Yo’ Self...You Won’t Be Alone
According to the survey results, self-gifting is expected to increase 35% this year as people look to treat themselves more for all they’ve missed out on in 2020. Seventy-seven percent said they plan to treat themselves with more gifts this holiday season, which is up from 57%. The average person plans to buy themselves six gifts with the top self-gifts identified by participants as dinner, clothes, staycation/road trip, wine delivery and spa packages.
A Different Kind of Holidays
As COVID-19 continues to spread, health authorities are urging people to stay home for the holidays and keep celebrations small. Given the new realities created by the global pandemic, nearly 60% of Americans are opting for remote holiday celebrations. Fifty-six percent said they’re buying gifts people can use once the pandemic has subsided such as gift certificates/vouchers, spa packages, tickets to concerts and trips. Fifty-four percent of parents said they’re skipping the annual visit to the mall to see Santa with their children this year due to COVID-19 concerns, but more than 60% said they’d be open to having their child visit with St. Nick virtually.
Find Your Zen
While 2020 has been a very stressful year, the survey found that people are looking forward to the opportunity for some holiday down time. Being home and not having to travel, eating and drinking, exchanging gifts, watching movies and spending time with household family members were identified as activities participants are looking forward to the most this holiday season. When asked how they’ve managed to stay sane during quarantine, people identified listening to music, doing activities with household family members, binge watching movies and TV shows, reading books and taking better care of themselves as the top ways they’ve gotten through these tough times.
Shop Small, Help Local Businesses
Seventy percent said they plan to make more of an effort this holiday season to shop at small businesses as a way to help them recover from the negative impacts of COVID-19 closures.
Looking Ahead to a Post-COVID World
Seventy-four percent said they believe optimism about the future can be spread through a little holiday spirit. With 2020 representing the worst year ever for a majority of people, it should come as no surprise that the same number of respondents, 56%, said their New Year’s resolution is to make up for the things they missed in 2020. In fact, nearly 60% said they’re looking to buy gifts they can use with other people.
No matter how you plan to celebrate this holiday season, Groupon can help you find what’s next on your list for when you and your loved ones are ready to experience more. Whether it’s an outdoor light show, ice skating, a relaxing spa package, a virtual holiday concert with a digital album download or an online Christmas experience for the entire family complete with a photo and recording, Groupon has something for everyone on your list, including you. To view the entire Groupon holiday collection in your area, please visit https://www.groupon.com/landing/gifting-with-groupon.
About Groupon
Groupon (www.groupon.com) (NASDAQ: GRPN) is an experiences marketplace where consumers discover fun things to do and local businesses thrive. For our customers, this means giving them an amazing selection of experiences at great values. For our merchants, this means making it easy for them to partner with Groupon and reach millions of consumers around the world. To find out more about Groupon, please visit press.groupon.com.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20201202005791/en/
Media Contact:
Groupon
Nick Halliwell
nhalliwell@groupon.com
abracky
4 years ago
Groupon Announces 1-for-20 Reverse Stock Split
Source: Business Wire
Groupon, Inc. (NASDAQ: GRPN) (“Groupon” or the “Company”) announced today that the Company’s board of directors has approved a reverse stock split of the Company’s common stock at a ratio of 1-for-20, following approval of the reverse stock split by the Company’s stockholders at the Annual Meeting of Stockholders held on June 9, 2020.
The reverse stock split will become effective at 5:00 p.m. Eastern time on June 10, 2020. At the effective time, every 20 issued and outstanding shares of the Company’s common stock will be converted and combined into one share of the Company’s common stock, and a proportionate reduction will be made to the Company’s number of authorized shares of common stock.
Beginning with the opening of trading on June 11, 2020, the Company’s common stock will trade on the Nasdaq Global Select Market on a split-adjusted basis under a new CUSIP number, 399473206. The Company’s trading symbol will continue to be “GRPN.”
The reverse stock split affects all stockholders uniformly and will not alter any stockholder’s percentage interest in the Company’s common stock, except for adjustments that may result from the treatment of fractional shares as described below.
No fractional shares will be issued as a result of the reverse stock split. Instead, the Company’s transfer agent will aggregate all fractional shares and sell them as soon as practicable after the effective time of the reverse stock split at the then-prevailing prices on the open market. Stockholders who would have been entitled to a fractional share as a result of the reverse stock split will receive a cash payment from the transfer agent in an amount equal to their respective pro rata share of the total proceeds of such sale.
About Groupon
Groupon (NASDAQ: GRPN) is an experiences marketplace that brings people more ways to get the most out of their city or wherever they may be. By enabling real-time mobile commerce across local businesses, live events and travel destinations, Groupon helps people find and discover experiences––big and small, new and familiar––that make for a full, fun and rewarding life. Groupon helps local businesses grow and strengthen customer relationships––resulting in strong, vibrant communities. To learn more about Groupon’s community-building efforts, please visit community.groupon.com.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20200610005139/en/
Investor Relations Contact:
Jennifer Beugelmans
IR@groupon.com
Media Relations Contact:
Nick Halliwell
Press@groupon.com
abracky
4 years ago
Shareholder Alert: Robbins LLP Announces Groupon, Inc. (GRPN) Sued for Misleading Shareholders
Source: Business Wire
Shareholder rights law firm Robbins LLP announces that a purchaser of Groupon, Inc. (NASDAQ: GRPN) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between November 4, 2019 and February 18, 2020. Groupon operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount.
If you suffered a loss as a result of Groupon's misconduct, click here.
Groupon, Inc. (GRPN) Accused of Misleading Shareholders
According to the complaint, on November 4, 2019, Groupon announced its third quarter 2019 financial results stating, "We believe that the improvements we're making to the customer experience…will encourage our customers to return to Groupon again and again" and that the Company was looking forward to its sales in the holiday season. Groupon then announced an expected adjusted EBITDA of approximately $270 million for full year 2019. Despite its positive forward-looking statements, on February 18, 2020, Groupon reported a 23% decline in sales year-over-year, and an adjusted EBITDA for 2019 of $227.2 million, a significant miss from its previous $270 million forecast. When asked about the disappointing results, Groupon cited lower customer engagement in its Goods category, which lowered overall traffic and "ultimately impeded performance in all of our categories" with a notable adverse impact to its holiday peak period. On this news, Groupon's share price fell over 44% to close at $1.70 per share. A little over a month after the announcement, both its CEO and COO were removed from their positions.
Groupon, Inc. (GRPN) Shareholders Have Legal Options
Contact us to learn more:
Leo Kandinov
(800) 350-6003
lkandinov@robbinsllp.com
Shareholder Information Form
Robbins LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. Click here to receive free alerts from Stock Watch when companies engage in wrongdoing.
Attorney Advertising. Past results do not guarantee a similar outcome.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20200501005490/en/
Leo Kandinov
Robbins LLP
5040 Shoreham Place
San Diego, CA 92122
lkandinov@robbinsllp.com
(619) 525-3990 or Toll Free (800) 350-6003
www.robbinsllp.com
abracky
4 years ago
Statement of Changes in Beneficial Ownership (4)
Source: Edgar (US Regulatory)
FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
Leonsis Theodore2. Issuer Name and Ticker or Trading Symbol
Groupon, Inc. [ GRPN ]5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O GROUPON, INC., 600 WEST CHICAGO AVENUE3. Date of Earliest Transaction (MM/DD/YYYY)
4/20/2020(Street)
CHICAGO, IL 60654(City) (State) (Zip)4. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned1.Title of Security
(Instr. 3)2. Trans. Date2A. Deemed Execution Date, if any3. Trans. Code
(Instr. 8)4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)7. Nature of Indirect Beneficial Ownership (Instr. 4)CodeVAmount(A) or (D)PriceCommon Stock 4/20/2020 P 1000000 A$0.95 (1)2629996 D
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)1. Title of Derivate Security
(Instr. 3)2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)8. Price of Derivative Security
(Instr. 5)9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:(1) The reported price reflects the weighted average purchase price per share for the transactions on April 20, 2020. The price per share for such transactions ranged from $0.9258 to $0.97. Full information regarding the number of shares purchased at each separate price will be provided to the United States Securities and Exchange Commission, the Issuer or a security holder of the Issuer upon a request for such information.
Reporting Owners
Reporting Owner Name / AddressRelationshipsDirector10% OwnerOfficerOtherLeonsis Theodore
C/O GROUPON, INC.
600 WEST CHICAGO AVENUE
CHICAGO, IL 60654X
Signatures
/s/ Erin G. Stone, by Power of Attorney4/22/2020**Signature of Reporting PersonDate
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