Saturday, June 4, 2011
After just a couple months since debuting, Baltimore-based Citycents has shut down operations. Economoms had previously reported on Citycents for its new spin on the daily deals arena -- offering discounts to consumers for completely free. See last month's post here. If you claimed any free vouchers from Citycents, you should have received an email earlier this week that still allows you to redeem the deals even though the company is no longer in business. Citycents owners cited an oversaturated market as their reason for failing. There certainly are a ton of daily deal sites on the market right now. Last month, Economoms also polled our readers for their favorite sites. Check out the results here.