Overstock.com Announces Partnership with Give Back Box

Aug 05, 2014, 09:00 ET from Overstock.com, Inc.

SALT LAKE CITY, Aug. 5, 2014 /PRNewswire/ -- Online shopping site, Overstock.com, Inc. (NASDAQ: OSTK), today announces a partnership which will provide its customers a new way to easily donate their gently used household items through Give Back Box, a non-profit organization dedicated to facilitate charitable donations.

Through the partnership, Overstock.com gives customers the ability to re-use the box in which their order arrived, along with Give Back Box's free shipping label, to ship gently used household items directly to non-profit organizations across the U.S.

"Our culture at Overstock is focused around doing the right thing and giving back to the community," said Stormy Simon, president of Overstock. "The partnership with Give Back Box is an opportunity to assist our customers in doing just that. Buy a fashionable new dress on Overstock and send an older one from your closet to someone in need."

The process begins when a customer shops at Overstock. As the customer's order is packaged for shipping, program materials are inserted into the shipping box. The material contains Overstock's request to support environmental and social causes through the donation of used items directly to worthy organizations.

"Through this partnership we can encourage millions of customers to donate in a way that's convenient for them," added Simon. "It's too easy not to participate."

About Overstock.com Overstock.com (NASDAQ: OSTK) is a discount online shopping retailer based in Salt Lake City, Utah that sells a broad range of products including furniture, rugs, bedding, electronics, clothing, jewelry and cars.  Worldstock.com, a fair trade department dedicated to selling artisan-crafted products from around the world offers additional unique items.  Main Street Revolution supports small businesses across the United States by providing them a national customer base.  The Nielsen State of the Media: Consumer Usage Report placed Overstock.com among the top five most visited mass merchandiser websites in 2011.  The NRF Foundation/American Express 2011 Customer Choice Awards ranked Overstock.com #4 in customer service among all U.S. retailers.  Overstock.com sells internationally under the name O.co.  Overstock Shopping (http://www.overstock.com and http://www.o.co) regularly posts information about the company and other related matters under Investor Relations on its website.

Overstock.com®, O.co®, Worldstock Fair Trade® and Club O Rewards® are registered trademarks of Overstock.com, Inc. O.info™, Club O™, Club O Dollars™ and Your Savings Engine™ are trademarks 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, all statements not regarding 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 June 30th, 2014, which was filed with the SEC on July 29, 2014, and any subsequent filings with the SEC.

Media Contact: Kirstie Burden, Overstock.com, Inc. +1 (801) 947-3116 kirstie@overstock.com

Investor Contact: Mark Harden, Overstock.com, Inc. +1 (801) 947-5409 mharden@overstock.com

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SOURCE Overstock.com, Inc.