Beyond Flash: HauteLook's Founder on a New Way to Shop Sale

Retail entrepreneur Brett Markinson, the founder of Sole Society and HauteLook, has launched a new venture that he thinks will revolutionize the way shoppers find deals. It's called Savoir Mode and it collects and offers up discounts on current-season apparel. The site, which launched last week, is a bit novel in its approach. While flash sales contain discounted merchandise from previous seasons, Savoir Mode uses a special algorithm to pull items that have been recently marked down from hundreds of retailers.