According to Overstock.com Chairman and CEO Patrick Byrne, “The Main Street Revolution Initiative is designed to increase the visibility of small and minority-owned businesses which currently lack exposure to national markets.”
“By joining our network these small businesses can reduce their supply chain costs, and opens their products to a mass audience,” Byrne added. “We will work closely with local chambers of commerce and small business administrations across the country to connect with local businesses and kick start the Main Street Revolution Initiative. In the beginning, these businesses' products will simply be posted in their appropriate shopping categories on Overstock.com. Once a critical mass of partners and products has been reached, the products will be consolidated into a ‘
Overstock.com, Inc. is an online retailer offering brand-name merchandise at discount prices. The company offers its customers an opportunity to shop for bargains conveniently, while offering its suppliers an alternative inventory distribution channel. Overstock.com, headquartered in
, is a publicly traded company listed on the NASDAQ Global Market System and can be found online at http://www.overstock.com. Overstock.com regularly posts information about the company and other related matters on its website under the heading “Investor Relations.” Salt Lake City
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