Nearly five months ago, major retailer pulled “hoverboard” scooters from shelves after the Consumer Product Safety Commission said the not-actually-hovering devices were unsafe unless they met certain standards. Now the federal safety agency is announcing an official recall of around 501,000 hoverboards. [More]
When the global financial system collapses, don’t fret: you’ll still be able to shop on Overstock.com. We’re not quite sure how that will happen, but the company’s early adoption of Bitcoin as a method of payment could be one clue. What you need to know, though, is that the company will keep paying its employees thanks to its bunker of silver, gold, and food. [More]
Back in 2013, online retailer Overstock.com engaged in a tit-for-tat book-discounting battle with Amazon. While the short-lived competition didn’t exactly prove to be a sales dream for O.co, the company is now reportedly preparing to take on its e-retail arch nemesis again by launching video-on-demand and streaming services. [More]
You might remember how earlier this year, a court in California ruled that Overstock.com violates California’s unfair competition and false advertising laws. Simply put: a lot of the “original” prices that they list for items they sell are lies. [More]
In what might be a sign that bitcoin isn’t just a mystical, ethereal currency to be hoarded like a magic pot of gold but never spent, Overstock.com says it did $126,000 in sales on the first day it started accepting it. Which means people spent it to buy everyday items instead of big purchases like a Tesla Model S. [More]
You know that guy in the Overstock.com commercial who buys an engagement ring for a steal? He may want to double-check how great that deal really was after a California judge ruled the company’s price comparison techniques are a bit shady. [More]
A family near Houston claims that they ordered a toy wooden table from Overstock.com, and received a box with what appears to be a mummified rat in it instead. They contacted a local TV news station…presumably only after they were done screaming. [More]
Though no blood has been shed — yet — things could get ugly as two of the Internet’s deepest discounters try to undercut each other, with Overstock.com (or O.co, if you’re a marketing moron) announcing it would beat Amazon’s pricing on books, only to have Amazon strike back with price drops of its own. [More]
Things get returned to retailers and sent back out to other customers. It happens. What isn’t supposed to happen is that one customer gets the item with all of the personal information of the person who returned it. That’s what happened to reader Justin when he bought some luggage for his wife from o.co, the retailer formerly known as Overstock.com, that had a tag filled out with the information of a stranger. [More]
Tis the season to get mad at companies for not living up to our standards! Netflix, Overstock.com and Gap were just a few of the holiday disappointments this year in the realm of online shopping, according to a new survey of consumers.
Apparently, the “O” in Overstock.com stands for “Overstating discounts and misleading customers,” at least according to the district attorneys in seven California counties. They’ve filed suit against the online retailer, alleging it made untrue statements about its pricing.
It’s time for another installment of the Adventures of the Stupid Shipping Gang! We’ve packaged three reader stories in one post to make sure they stay extra-secure. In this edition: Amazon overestimates the fragility of Pyrex, Newegg underestimates the fragility of computer parts, and Overstock sends someone an awful lot of crumpled-up paper.
Sometimes banner ads online promise a great price, but do not reflect actual reality. That’s the sad lesson that reader Ricky writes that he learned recently after clicking on a banner ad for Overstock.com. See, the banner advertised products for sale at Overstock.com and bore the company’s logo, but the company did not produce the ad, and the prices are not real.
Today’s overstock.com deal of the day is a Franklin 18-gauge Steel Casket. Yours for only $1,249.99, regularly $3,375.99. [Overstock.com]
Overstock.com is an embattled victim under attack by its rivals and a cabal of journalists and shortsellers working to destroy its good name.