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Overstock.com Celebrates Sweet 16

SALT LAKE CITY, Oct. 2, 2015 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK) is celebrating the shopping website's 16th birthday with its largest annual Overstocktober event, being held Oct. 1 through Oct. 16.

The online retailer has pumped up its traditional birthday sales event to mark the birthday milestone, with savings of 16 percent on its most popular categories, including furniture, jewelry, garden and patio, bedding and bath, and home décor. There are also a number of specially selected $16 deals, along with a Daily Deals section with deeply discounted products across a number of categories.

"Without the support of our loyal customers, we wouldn't have made it past our first birthday," said Overstock.com President Stormy Simon. "To be still standing on our 16th birthday, able to share our celebration with everyone, shows that whether it's 1999 or 2015, savvy online shoppers are finding quality and value they can trust at Overstock."

Throughout Overstocktober, customers will have a chance to win prizes through Daily Dig, an onsite product scavenger hunt. A clue will be posted every day hinting at a product or category that is being featured as that day's Daily Dig. Once a customer solves the riddle and clicks on the product, he or she will see a Daily Dig icon appear on the product page. Selecting that icon allows him or her to enter to win a separate prize for that day, and every entrant is automatically in the running for the grand prize of $1,000, awarded at the conclusion Overstocktober. Official rules, terms and conditions can be found on the Daily Dig page.

In addition to free shipping, special offers and first look at new deals, Club O Gold members will receive increased loyalty rewards of 16 percent on qualifying purchases. Annual Club O Gold memberships are currently on sale for $16, normally $19.95. Anyone who wishes can subscribe to email and join Club O Silver for free and receive rewards of 2 percent on every purchase.

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. Worldstock.com is dedicated to selling artisan-crafted products from around the world whereas Main Street Revolution supports small businesses across the U.S. by providing them a national customer base. Overstock has additional community-focused initiatives such as a 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. Overstock (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.

O, Overstock.com, O.com, O.co, Club O, Main Street Revolution, Worldstock Fair Trade, Worldstock, and OVillage are registered trademarks. O.biz, Club O Dollars, and OGlobal are trademarks of Overstock.com, Inc. The Overstock.com, Club O, and Worldstock Fair Trade logos are also registered 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 June 30, 2015, which was filed with the SEC on August 7, 2015, and any subsequent filings with the SEC.

CONTACT: 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 mharden@overstock.com

Source:Overstock.com, Inc.