Sandy — O.co, aka Overstock.com (NASDAQ: OSTK), the Salt Lake City-based online discount retailer, will be opening a new outlet store at 8550 S. 1300 E., in Sandy. In conjunction with the opening of the Sandy store, O.co will no longer operate its warehouse store at 955 S. 3800 W.
The store will hold its grand opening Saturday, Aug. 27 at 10:30 a.m. From that day forward, it will be open Thursdays and Fridays from noon to 7 p.m., and Saturdays from 10 a.m. to 6 p.m. (these hours are subject to change based on store traffic). The store is approximately 18,000 square feet, and has over 1,000 different products that change almost weekly. These products may include furniture, electronics, home decor, apparel, art, bedding and more .
“The products in our outlet store will be priced well below O.co’s already discounted prices. In fact, these products will be priced below O.co’s first cost. Shoppers at the store should be able to find some amazing bargains,” said O.co President Jonathan Johnson.
Items sold at the outlet store will not be available for delivery. The store will be staffed by 10 O.co employees.
All sales are final, and Overstock will accept cash and major credit and debit cards only. Checks will not be accepted. Customers will not be able to pick up items that have been purchased online at the outlet store.
Curren Christensen with NAI Utah South represented Overstock.com in the acquisition of its new retail location. Chris Monson with Mountain West Retail represented the Landlord in the transaction.