The group's principal activity is to provide online retailing activities. The group offers closeout, brand-name merchandise for sale over the Internet. Closeout merchandise is typically available in inconsistent quantities and prices and often is only available to consumers after it has been purchased and resold by disparate liquidation wholesalers. The group's warehouses purchase large bulks of inventory from these liquidation sales of residual products and make direct and indirect sales. The group's merchandise offering includes bed-and-bath goods, kitchenware, watches, jewelry, electronics, sporting goods and designer accessories.
