Tag Archives: Overstock

Reuters reports: Overstock.com intends to sunset its company name and rebrand as Bed Bath & Beyond after purchasing that company’s intellectual property assets in bankruptcy, Overstock CEO Jonathan Johnson said on Thursday. Overstock, which chose not to bid on any of Bed Bath & Beyond’s retail locations or inventory, will remain an online-only home goods retailer, combining Overstock’s strengths with …

NBC News reports: Bed Bath & Beyond will live on in name only after Overstock.com won an auction for the failed home goods retailer’s intellectual property and digital assets, according to court records filed early Thursday. The e-commerce discounter, which was selected as the stalking horse bidder for Bed Bath’s bankruptcy-run auction, will buy the chain’s brand name, business data …

Mediaite reports: Patrick Byrne stepped down from online retailer Overstock.com earlier Thursday after making an explosive claim: that he had a sexual relationship with Russian spy Maria Butina, at the encouragement of the FBI. Hours after his resignation, he appeared on Fox Business for a wild interview in which he grew increasingly emotional, at times bursting into tears, which culminated …

NBC News reports: Overstock CEO Partick Byrne has resigned from the e-commerce company after making controversial comments about his role in the “deep state.” Byrne, who founded Overstock 20 years ago, has been in hot water since he responded to claims of his involvement in the federal government’s investigation into the 2016 election. The announcement sent Overstock’s shares tumbling more …