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TheStreet Open House

Overstock.com Opens Additional Warehouse In Hebron, Ky.

SALT LAKE CITY, March 6, 2013 /PRNewswire/ --  Overstock.com, Inc. (NASDAQ: OSTK) recently opened a distribution and returns facility in Hebron, Ky.  This second facility, located in the Tri-State area outside of Cincinnati, Ohio, will receive product returns and handle outbound shipments.  Overstock.com officials say this additional distribution facility will reduce the time for resolution and refunds for customer returns.  Outbound shipment times will also see improvement for customers located in the eastern United States. 

(Logo: http://photos.prnewswire.com/prnh/20120110/LA33954LOGO)

The Kentucky warehouse initially brings 22 jobs to the area, with 50 additional jobs expected by December.

"Speed to the customer is forefront on our minds," states Jonathan Johnson, Overstock.com's acting chief executive officer. "Overstock.com is investing in its supply chain to get product to and from customers more quickly and to remain customer-centric." 

Overstock.com's primary warehouse will remain in Salt Lake City, Utah.

About Overstock.com

Overstock.com (NASDAQ: OSTK) is an online discount 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.  A recent Nielsen State of the Media: Consumer Usage Report placed Overstock.com among the top five most visited mass merchandiser websites.  The NRF Foundation/American Express Customer Choice Awards ranks Overstock.com #4 in customer service among all U.S. retailers.  Overstock.com sells internationally under the name O.co.  Overstock.com ( 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. All other trademarks are the property of their respective owners.

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