| USA |  |
Overstock.com, Inc. is an American internet retailer headquartered in Midvale, Utah,[1] near Salt Lake City.[2] Patrick M. Byrne founded the company in 1997 and launched the company in May 1999. Overstock.com initially sold exclusively surplus and returned merchandise on an online e-commerce marketplace, liquidating the inventories of at least 18 failed dot-com companies at below-wholesale prices.[3] The company continues to sell home decor, furniture, bedding, and many other goods that are closeout merchandise,[4] however, it also sells new merchandise.[5]
