09-07-2008, 11:06 AM
Quote:Overstock.com, Inc. announced today the online retailer is undertaking initiatives to enhance its online auction site (http://www.auctions.overstock.com) for the fourth quarter.
Enhancements to Overstock Auctions will include increased fraud protection, checkout process improvements, more third-party integrated payment options and the addition of bid cancellation and retraction.
"Overstock Auctions is focused on the auction community," said Doug Minnick, director of auctions at Overstock.com. "We're excited about the improvements we're making for both sellers and buyers, and they can expect significant enhancements throughout upcoming months."
Overstock Auctions plans to integrate many of the site changes as early as November in time for buyers and sellers to capitalize on them during the holiday shopping rush.
"We're genuinely focused on auction buyers and sellers," said Jacob Hawkins, Overstock.com SVP of Supply Chain. "We're enhancing our site with them in mind, and we hope to create an improved avenue for the auctions buying and selling communities."
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