This deal has ended.
Update: Shipping is just $1 through 10/26. Back in stock, Overstock.com has this Chaise Lounge with Storage in black for only $275.99. This measures 63" x 26" and features a hardwood frame, microfiber fabric, foam padding, and has a hidden storage compartment under the seat. It's received 4.5 out of 5 stars from Overstock reviewers. Shipping is only $2.95 with no sales tax (except UT).