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November 30, 2012 11:56 pm GMT

Flash Deals Site NoMoreRack Raises $12M, Hits 5.8M Members

screen-shot-2012-07-05-at-4-38-39-pmBack in July, we caught up with New York-based startup NoMoreRack, a flash sales site that, unlike some of the most popular players in the space, isn't relying on luxury products or fashion to drive traffic. Instead, the young startup offers everyday products at reduced prices -- an average of 70 to 80 percent off everything from consumer electronics to clothing -- in an effort to become the Walmart or Target of deals.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/U6hUyknhqc4/

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