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Overstock.com refocuses on its roots in B2B sales

June 13, 2015

Via: itCurated
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The big online retailer of excess merchandise is building up its business of selling in bulk to businesses. One of the recent special deals on Overstock.com breaks new ground for the 16-year-old web-only merchant—$1.13 million for a wholesale offering of jewelry pieces—all 1.13 million of them.

“We’ve never had a lot this big,” says Seth Marks, senior vice president of merchandising, sourcing and strategic initiatives. A “lot” is a wholesale term for products offered for sale as a single group of items.

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