GO
Loading...

Groupon’s next big thing? Helping mom-and-pop shops unload extra inventory

The Groupon Inc. app is displayed on a mobile device.
Scott Eelis | Bloomberg | Getty Images
The Groupon Inc. app is displayed on a mobile device.

Can Groupon be the T.J. Maxx for local retail stores?

The Chicago-based deals company is currently testing a new business that aims to help small mom-and-pop retail shops sell off items they are having trouble selling at full-price, according to two people briefed on Groupon's plans.

Read the whole story from Re/code here.

By Jason Del Rey, recode.net.

CNBC's parent NBC Universal is an investor in re/code's parent Revere Digital, and the companies have a content-sharing arrangement.

Contact Technology

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More

Squawk Alley