Web Marketing Association names Overstock.com’s mobile app the Best Retail Mobile Application of 2017

Sixth consecutive year winning Web Marketing Association’s Mobile Web Award

SALT LAKE CITY, 2017-Dec-07 — /EPR Retail News/ — For the sixth consecutive year, the Web Marketing Association has named Overstock.com (NASDAQ:OSTK) a Mobile Web Award winner, honoring the retailer’s mobile app as the Best Retail Mobile Application of 2017. The leading online home retailer’s iOS app was recognized for its many innovative and intuitive features, including its recently-added augmented reality (AR) feature.

The Web Marketing Association holds the Best Mobile Application awards as part of the annual Mobile Web Award Competition, which is the first and only industry-based award competition focusing solely on responsive mobile web and application development. Judging for the award focuses on outstanding achievement in mobile development while recognizing growth and creativity in the mobile application space.

“We’re proud that our mobile apps are continuing to lead development within the retail space,” said Amit Goyal, Overstock’s senior vice president of software development. “Customers using our apps have the full assortment and convenience of shopping on Overstock at their fingertips, helping to create a personalized and stress-free shopping experience.”

Overstock’s shopping app also received recognition in 2017 after introducing AR to the iOS version with September’s iOS 11 update. Customers can use AR within the app to view thousands of true-to-life-size 3D models in their own room, helping them to see exactly how products will fit in the space or match their existing style. This technology is changing the way consumers design their homes and purchase home goods.

Holiday shoppers can use Overstock’s app to help them find the missing piece for hosting a perfect holiday event, or the perfect gift for a friend or loved one. Overstock will also help customers ensure their orders arrive in time for the holidays by providing clearly messaged shipping timeframes on product pages.

The ground-shipping cutoff date for customers to receive their purchases by Christmas is December 15, with expedited and overnight shipping options available for last-minute needs.

About Overstock.com
Overstock.com, Inc. Common Shares (NASDAQ:OSTK) / Series A Preferred (Medici Ventures’ tZERO platform: OSTKP) / Series B Preferred (OTCQX:OSTBP) is an online retailer based in Salt Lake City, Utah that sells a broad range of products at low prices, including furniture, décor, rugs, bedding, and home improvement. In addition to home goods, Overstock.com offers a variety of products including jewelry, electronics, apparel, and more, as well as a marketplace providing customers access to hundreds of thousands of products from third-party sellers. Additional stores include Pet Adoptions and Worldstock.com dedicated to selling artisan-crafted products from around the world. Forbes ranked Overstock in its list of the Top 100 Most Trustworthy Companies in 2014. Overstock regularly posts information about the company and other related matters under Investor Relations on its website, http://www.overstock.com.

O, Overstock.com, O.com, Club O, Main Street Revolution, and Worldstock are registered trademarks of Overstock.com, Inc. O.biz and Space Shift are also trademarks of Overstock.com, Inc. Other service marks, trademarks and trade names which may be referred to herein are the property of their respective owners.

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 all statements other than statements of historical fact. Additional information regarding factors that could materially affect results and the accuracy of the forward-looking statements contained herein may be found in the Company’s Form 10-Q for the quarter ended September 30, 2017, which was filed with the SEC on November 8, 2017, and any subsequent filings with the SEC.

Media Contact:
Mark Delcorps
Overstock.com, Inc.
+1 (801) 947-3564
pr@overstock.com

Investor Contact:
ir@overstock.com

SOURCE: Overstock.com, Inc./globenewswire

Stormy Simon to step down as Overstock.com’s President; to remain board member until no later than September 30, 2016

SALT LAKE CITY,, 2016-Jul-17 — /EPR Retail News/ — Overstock.com, Inc. (NASDAQ:OSTK) announced today that Stormy Simon will be resigning as the company’s President to pursue other opportunities, effective no later than July 25, 2016. Simon will remain a member of Overstock.com’s board of directors until no later than September 30, 2016.

“We wish to thank Stormy for her long and valued service, leadership, and passion for Overstock,” said Patrick M. Byrne, the company’s founder and CEO, currently on medical leave. “She has been a key contributor to Overstock’s evolution and growth from the early years, serving in a broad spectrum of roles and providing valuable leadership as president since 2014, and as a member of our board since 2011.”

“This is the end of an era, and we want to wish Stormy the best of luck in her next endeavor,” added Overstock.com Chairman Jonathan Johnson.

Simon commented, “While I will miss seeing my friends at Overstock on a daily basis, I am excited to focus my efforts on helping lead a new generation of entrepreneurs in developing a new sector of emerging markets.”

To ensure a smooth transition, Overstock.com’s presidential duties will continue to be divided amongst Acting CEO Mitch Edwards, Chief Revenue Officer Saum Noursalehi, and Senior Vice President Brian Popelka.

“I am confident that our leadership team is poised to handle this transition while driving the vision and strategy for 2016 and beyond,” said Edwards.

About Overstock.com
Overstock.com, Inc. (NASDAQ:OSTK) is an online retailer based in Salt Lake City, Utah that sells a broad range of products at low prices, including furniture, rugs, bedding, electronics, clothing, and jewelry. Additional stores within Overstock include Worldstock.com, dedicated to selling artisan-crafted products to help developing nations around the world and Main Street Revolution, supporting small-scale entrepreneurs in the U.S. by providing them with a national customer base. Other community-focused initiatives include Farmers Market and pet adoptions.  Forbes ranked Overstock in its list of the Top 100 Most Trustworthy Companies in 2014. Overstock sells internationally under the name O.co and regularly posts information about the company and other related matters under Investor Relations on its website (http://www.overstock.com and http://www.o.co)

O, Overstochttp://(http://www.overstock.comk.com, O.com, O.co, Club O, Main Street Revolution, Worldstock and OVillage are registered trademarks of Overstock.com, Inc.  O.biz and Space Shift are also trademarks of Overstock.com, Inc.  Other service marks, trademarks and trade names which may be referred to herein are the property of their respective owners.

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 all statements other than statements of historical fact.  Additional information regarding factors that could materially affect results and the accuracy of the forward-looking statements contained herein may be found in the Company’s Form 10-Q for the quarter ended March 31, 2016, which was filed with the SEC on May 5, 2016, and any subsequent filings with the SEC.

Media Contact:

Mark Delcorps
Overstock.com, Inc.
+1 (801) 947-3564
pr@overstock.com

Investor Contact:

Mark Harden
Overstock.com, Inc.
+1 (801) 947-5409
ir@overstock.com

Source: Overstock.com, Inc