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|Overstock.com Launches New Main Street Store as Retail Channel for America's Small Businesses|
SALT LAKE CITY, June 4, 2010 /PRNewswire via COMTEX/ --Overstock.com, Inc. (Nasdaq: OSTK) today announced the launch of its Main Street Store. The store is the centerpiece of Overstock.com's Main Street Revolution Initiative. The store carries over 2,500 products from small and minority-owned businesses across the country. Categories include furniture, jewelry, apparel, gourmet food, and many more.
The Main Street Store is listed as a "See More" store on Overstock's main navigation header. Business owners interested in having their products listed within the Main Street Store can visit www.overstock.com/mainstreet for more information or contact Overstock.com directly at firstname.lastname@example.org to learn how to list their products on the Main Street Store.
"Because we have just launched the store it currently carries a couple thousand products, but it will grow steadily as more small businesses join our ranks," said Overstock.com Chairman and CEO Patrick Byrne. "The Main Street Store creates a national marketing and distribution channel for small businesses by providing them a way to sell their products easily and inexpensively. It is also a place where consumers can contribute to the national recovery by buying products made by entrepreneurs throughout the U.S. It's the new way to shop local."
Overstock.com, Inc. is an online retailer offering brand-name merchandise at discount prices. The company offers its customers an opportunity to shop for bargains conveniently, while offering its suppliers an alternative inventory distribution channel. Overstock.com, headquartered in Salt Lake City, is a publicly traded company listed on the NASDAQ Global Market System and can be found online at http://www.overstock.com/. Overstock.com regularly posts information about the company and other related matters on its website under the heading "Investor Relations."
Overstock.com(R) is a registered trademark of Overstock.com, Inc.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, statements regarding growth and size of the the Main Street Store and the potential benefits of the initiative to those businesses participating and to the company Our Form 10-K for the year ended December 31, 2009 and our other subsequent filings with the Securities and Exchange Commission identify important factors that could cause our actual results to differ materially from those contained in our projections, estimates or forward-looking statements.
SOURCE Overstock.com, Inc.