As it transitions to a specialty home digital retailer, Overstock is adding products, upgrading its site and aggressively marketing itself so consumers understand its new positioning, CEO Jonathan Johnson told HomePage News. Although it faces the same challenges most...
With a change in focus to a home-only assortment and headwinds from consumer behavior changes and general economic conditions, Overstock suffered a loss for the fourth quarter, but the online retailer managed an adjusted net income gain for the full fiscal year...
Overstock has teamed up with Citi Retail Services to offer customers digital-first benefits and rewards through a co-branded Mastercard. Cardholders get complimentary membership to the Overstock rewards program, Club O, a $19.95 a year value, the company noted. They...
Mark Tritton’s exit from Bed Bath & Beyond after a 23% first-quarter comparable sales decline leaves a key question: What’s next for the struggling retailer attempting a full-scale transformation at a pivotal time for the home and housewares business?...
With an enriching fourth quarter, Overstock managed to beat a Wall Street earnings estimate but fell short on sales. Company net income from continuing operations in the quarter was $32.9 million, or 68 cents per diluted share, versus $23.2 million, or 48 cents per...
