com unloads goods at auction

With household merchandise stacking up in a warehouse, it opened the doors Thursday in Salt Lake City for an auction of randomly combined goods that had to be bought together on pallets.

"We call it revenue recovery," said Carroll Morale, a vice president of supply chain, who said Overstock had already written off the mostly returned goods as a loss and was happy to Nike Free Danmark get anything back.

More than 600 people registered for the auction, and many said they were bidding blindly because pallets were shrink wrapped in black plastic and they didn't study the manifests.

"I just came to Nike Free Udsalg blow Nike Free Dame some money my wife is going to kill me," said Joseph Kikel, a 34 year old Layton, Utah, car salesman who bought a pallet of furniture for about 25 cents on the dollar.

Kikel spent $350 for a leather chair, a dresser, an entertainment center and a padded bench. He wasn't certain what he bought until he unloaded boxes in his pickup.

Normally, Overstock arranges sales of unsold goods privately to other liquidators. The company called the auction a community service and said it was able to empty part of its sprawling warehouse for expected holiday merchandise returns.

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