Vente-Privee Shutting Down

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It looks like the online deal-a-day site Vente-Privee will be shutting their US operations by the end of the year per this article. American Express gave the following statement about this decision:

“American Express and vente-privee France have made a mutual decision to close vente-privee USA by the end of the year.

Both companies decided that given the road to profitability for vente-privee USA was going to be longer than expected, it was time to focus on other priorities.

Vente-privee USA will continue to operate and fulfill on its sales events and customer orders through the end of the year and will maintain a high quality of service to its brand partners and members.”

Quint honestly, I am not surprised. The deal-a-day site market is extremely saturated and I personally think there are better sites out there.

So if you have any credits in your account I highly suggest using them now!

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