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Report: Groupon purchases Canadian couponing app
Chicago – Groupon has reportedly purchased Canadian coupon app SnapSaves. According to the Canadian Press, Groupon completed the purchase June 13, buying the app for an undisclosed sum from Toronto-based daily deals site Buytopia.
SnapSaves users can take smartphone photos of their grocery receipts and receive refunds on select products. Groupon has been expanding its smartphone offerings in the past year, including the launch of a mobile app version of its website and a smartphone digital coupon feature called Freebies. -
Bird’s Eye View
More strategic. That’s how Greg Esgar, CFO of Massage Envy Spa, the nation’s largest therapeutic massage chain, sums up the evolving role of today’s CFO. Esgar joined the Scottsdale, Arizona-based business as financial chief in 2004, two years after it was founded. As part of the executive team, he helped spur the company’s growth from 17 locations to its present total of nearly 1,000 sites in 49 states. With its membership-based, monthly-fee business model, Massage Envy Spa eschews the luxury amenities and high prices of traditional day spas.
