In today’s "Wall Street Journal" it is revealed that Saks Fifth Avenue, high-priced wares is going into competition with RueLala, and Gilt.com and HauteLook.com. In other words, Saks is going to sell out of season, oftentimes one year old, at a deep discount one item at a time with a countdown clock. Buy now!

Usually, flash sites will send you a daily e-mail (opt-in, you can always check the site yourself). Telling you about the deals that will unfold in the next twenty four hours. On hot items, shoppers keep refreshing their browser, divining when that one desirable item in the size and color they want will be revealed.

Everybody loves a bargain. Everybody loves a deal on something worthwhile.

More on Flash Sales: Flash Sales

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