SALT LAKE CITY, Feb. 4, 2015 (GLOBE NEWSWIRE) -- According to an Overstock.com, Inc. (Nasdaq:OSTK) survey of over 800 consumers nationwide, this Valentine's, men are hoping for a romantic or sentimental gift, while women prefer something a little more practical. If men choose to give something more practical, a blender or juicer were the top appliances on women's wish lists.
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Survey results showed that men plan to spend nearly double what women plan to spend, mostly on traditional Valentine's Day gifts, such as cards, candy and flowers. According to the National Retail Federation, men will spend $190.53 while women will spend $96.58.
"Overstock's gift guide has a curated selection of top Valentine's Day gifts for him and her for all budgets," states Overstock.com President Stormy Simon. "If you need guidance or inspiration, our buyers meticulously put together the top items that will warm anyone's heart."
In the jewelry category, 56 percent of women surveyed prefer earrings, while 71 percent of men prefer a ring.
"Our Jewelry Liquidation Vault features jewelry of all styles and price points," added Simon. "Many are one-of-a-kind pieces; perfect for that special someone."
When asked about proposing marriage, 53 percent of respondents under the age of 45 stated they proposed on one knee. When segmenting out the Millennials (ages 18-30), 88 percent of respondents noted that they would prefer their fiancé to propose on one knee. Real-moment proposals, similar to the ones referenced in the survey, are the focus of Overstock.com's current Valentine's Day advertising campaign.
Overstock.com, Inc. (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, and jewelry. 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. Forbes ranked Overstock in its list of the Top 100 Most Trustworthy Companies in 2014. The NRF Foundation/American Express 2011 Customer Choice Awards ranked Overstock #4 in customer service among all U.S. retailers. Overstock 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, 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 Sept. 30, 2014, which was filed with the SEC on Oct. 28, 2014, and any subsequent filings with the SEC.