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Shutting down Overstock was ‘a fatal mistake’: Beyond executive chairman

February 22, 2024


Home and furniture have remained among the challenging segments of retail in recent months as consumers continue to feel economic and inflationary pressures, shifting their spending away from discretionary purchases.

Beyond Inc. has an opportunity to grow revenue, get more return on its marketing spend and cut costs by distilling its customer database, which has 150 million records, according to Marcus Lemonis, executive chairman of the board.

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