Rue La La Lays Off Staff, Absorbs SmartBargains Discount Site

Rue La La laid off 65 employees in Boston and other locations as its parent company Kynetic plans to fold sister property SmartBargains into Rue La La. While SmartBargains sells department store items, Rue La La sells upscale branded items to members only at a significant discount during 2-day sales events, called "flash sales."