Summary
Overstock.com, Inc. operates as an online retailer in the United States. The company offers furniture, décor, area rug, bedding and bath, home improvement, outdoor, and kitchen and dining items. It provides its products and services through its internet websites comprising overstock.com, o.co, overstock.ca, and overstockgovernment.com. The company also offers businesses advertising products or services on its website; Market Partner, a service that allows its partners to sell their products through third party sites; products to international customers using third party logistics providers; and Supplier Oasis, a single integration point through its partners can manage their products, inventory, and sales channels, as well as obtain multi-channel fulfillment services through its distribution network. The company was formerly known as D2-Discounts Direct and changed its name to Overstock.com, Inc. in October 1999. Overstock.com, Inc. was founded in 1997 and is headquartered in Midvale, Utah.
History
Overstock was founded by Patrick M. Byrne in 1999 and launched the first version of its website in 2000. From its inception, the company was focused on providing customers with value by offering quality products at competitive prices and providing superior customer service. Over the years the company has grown and expanded its product offerings to include all kinds of items, from furniture and decor to laptops and electronics.
Mission
Overstock.com's mission, vision & values motivate 100% of Overstock.com employees. When asked to whom they feel the most loyal at work, 33% of employees said Overstock.com's mission and vision. Comparably data clearly shows that a focused mission statement and cohesive core company values are vital to maintaining employee alignment.
Vision
Our vision is to be the ultimate destination for shopping, where customers can find anything and everything they need.
Key Team
Mr. Carter Paul Lee (Chief International Officer)
Mr. Joel G. Weight (Chief Technology Officer)
Mr. Lavesh Hemnani (Head of Investor Relations)
Mr. Eric Glen Nickle (Chief Legal Officer & Corp. Sec.)
Ms. Angela Hsu (Chief Marketing Officer)
Mr. Matthew Willden (Chief People Officer)
Ms. Krista Dalton (Chief Merchandising Officer)
Recognition and Awards
Overstock.com won 2 awards in 2019 and 6 awards in 2018. In 2019, Overstock.com won for Best Professional Development 2019 and Best Company in Salt Lake City 2019. In 2018, Overstock.com won for Best Company Culture 2018, Best Company for Women 2018, Best Company for Diversity 2018, Best Company Work-Life Balance, Best Company Perks & Benefits and Best CEOs for Diversity. Based on 2,703 ratings and 154 participants, employees at Overstock.com are very satisfied with their work experience. The overall culture score, 79/100 or A, incorporates employee ratings based on their feedback on the Perks And Benefits, Office Culture, Retention and more.
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