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The company was founded as D2:Discounts Direct in May 5, 1997 by Robert Brazell. The company went bankrupt in 1999. Patrick M. Byrne and Jason Lindsey acquired the company and renamed it as Overstock.com. [6] The company initially sold exclusively surplus and returned merchandise on an online e-commerce marketplace, liquidating the inventories of at least 18 failed dot-com companies at below ...
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Federal government reports affirmed that this weaving, which was performed almost exclusively by women, was the most profitable Navajo industry during that era. [12] Quality declined in some regards as the weavers attempted to keep up with demand. [13] However, today the average price of a rug is about $8,000.
"Carpet binding" is a term used for any material being applied to the edge of a carpet to make a rug. Carpet binding is usually cotton or nylon, but also comes in many other materials such as leather. Non-synthetic binding is frequently used with bamboo, grass and wool rugs, but is often used with carpet made from other materials. [citation needed]
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