ModCloth launches outlet

In a strategic move to get rid of their clearance, ModCloth has launched a new online outlet store to get rid of their summer clearance. The launch was spearheaded by the Walmart owned brand's merchandising, IT, and market teams. The new Mod Outlet has launched with 1200 SKUs from ModCloth's full-price inventory, with many items selling out quickly. The news was reported by Retail Dive.