Overstock to Provide Afghan Refugees Resettling in Utah with Dining Room Furniture
January 05 2022 - 8:00AM
Overstock.com, Inc. (NASDAQ:OSTK), a leading e-commerce home
furnishings retailer, today announced it will supply dining room
tables, chairs, and home decor to refugee families resettling in
Utah after fleeing Afghanistan amid the collapse of the country’s
government. Utah-based Overstock is working directly with the local
chapters of the International Rescue Committee and Catholic
Community Services to donate to the families who began arriving in
Utah on October 1. Overstock has committed 185 kitchen tables (to
seat 4-6 each), 825 matching chairs, and 185 home décor items for
the estimated 180 families currently scheduled to arrive.
“These families are starting over with virtually nothing. As
they begin their new lives in the United States, Overstock wants to
help provide them some comforts of home,” said Jonathan Johnson,
Overstock CEO. “As a parent, I know gathering around the table as a
family and sharing a meal is important and comforting. As these
families begin their new lives in Utah, our hope is that they feel
welcomed and loved. We thank the International Rescue Committee,
Catholic Community Services, and our wonderful partners and
sourcing team for making this donation possible for these
families.”
In addition to the donation of these products, Overstock
employees are donating their time to unbox and assemble the tables
and chairs at the warehouse before loading them on trucks headed to
Utah’s newest residents rebuilding a life in the state.
About Overstock.comOverstock.com, Inc. (Common
Stock (NASDAQ:OSTK) / Series A-1 Preferred Stock (tZERO ATS:OSTKO)
/ Series B Preferred Stock (OTCQX:OSTBP)) is an online retailer and
technology company based in Salt Lake City, Utah. Its leading
e-commerce website sells a broad range of new home products at low
prices, including furniture, décor, area rugs, bedding and bath,
home improvement, and more. The online shopping site, which is
visited by tens of millions of customers a month, also features a
marketplace providing customers access to millions of products. In
2014, Overstock was the first major retailer to accept
cryptocurrency as a form of payment and continues to do so.
Overstock regularly posts information about the Company and other
related matters on the Newsroom and Investor Relations pages on its
website, Overstock.com.
O, Overstock.com, O.com, and Club O are 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.
About Overstock CaresOverstock
Cares is the philanthropic arm of Overstock.com. For nearly 20
years, it has partnered with nonprofit organizations across the
globe to support communities, respect the environment, and
volunteer time to those in need.
Cautionary Note Regarding Forward-Looking
StatementsThis 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, including but not limited
to statements regarding our partnerships as well as the timing and
amount of our donations. 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 Annual Report on Form 10-K for the fiscal year ended
December 31, 2020, which was filed with the SEC on February 26,
2021, in our Form 10-Q for the quarter ended March 31, 2021, which
was filed with the SEC on May 6, 2021, in our Form 10-Q for the
quarter ended June 30, 2021, which was filed with the SEC on August
5, 2021, in our Form 10-Q for the quarter ended September 30, 2021,
which was filed with the SEC on November 4, 2021, and in our
subsequent filings with the SEC.
ContactsInvestor Relations:ir@overstock.com |
Media Relations:pr@overstock.com |
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