Gilt Taste Hit With Editorial ‘Cutbacks’

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Gilt Groupe announced yesterday that in preparation for an IPO next year, the company will be cutting back some of its businesses, including the food site Gilt Taste. All Things D says the "Taste" branding will continue to exist, but shopping offerings will be pared way down and "the editorial component will be cut back." No specifics on what that means, but All Things D notes that Ruth Reichl is still on as a consultant. We'll let you know if we hear anything further. [All Things D via Eater, Earlier]