Private equity firm Apollo Global Management will take Rackspace private in the all-cash deal.
The new site will feature discounted outdoor clothing and footwear.
Outdoor apparel and accessories retailer Altrec.com has launched an online outlet store.
The retailer says outlet.altrec.com will offer more than 10,000 discounted items. Altrec.com, No. 404 in Internet Retailer’s Top 500 Guide, sells outdoor clothing, gear and footwear from more than 200 brands including Patagonia, The North Face and Keen.
"We are excited about the opportunity to provide more value to our customers by offering high-quality outdoor apparel and gear at outlet prices,” says CEO Mike Morford. “We believe this will allow more people to experience the outdoors and expand their outdoor activities.”
Shoppers can register on the new site for daily deals, exclusive sales, special offers and giveaways. "It's quick, easy and you'll save money on the best outdoor performance equipment you need to get outdoors," said Tom Holt, head of merchandising.