BizAuctions Planning 2nd Retail Store
January 20 2010 - 7:30AM
PR Newswire (US)
SAN DIEGO, Jan. 20 /PRNewswire-FirstCall/ -- BizAuctions, Inc.
(Pink Sheets: BZCN), a prime provider of commercial eBay
liquidation services for excess inventories, overstocks, and
returns, announced today that it is in the planning stages to open
a 2nd retail store due to the demand for its brand name
merchandise. "BizAuctions opened its 1st retail store on May 29,
2009 in the Chula Vista Center in Chula Vista, CA, next to Macy's,
and PacSun retail stores, under the name of 'Lucky 7's' to sell its
name brand merchandise such as Buffalo and Lucky jeans, Ed Hardy
shirts, PING golf and sports apparel, and other name brand clothing
that bring a higher price at Lucky 7's versus its customary eBay
business model. Due to the availability of popular brand
merchandise from our current retail contracts and the continued
progress that the Lucky 7's store has made in its 6 months of
operations, BizAuctions is in the planning stages to open its 2nd
retail location that will allow the Company to sell not only name
brand clothing, but also general merchandise, and electronics. We
have located the space that is approximately 3,000 sq. ft. in San
Diego County that will provide the Company with an excellent 2nd
retail location. We will be announcing additional details over the
coming weeks on this 2nd location as it is finalized," noted Delmar
Janovec, BizAuctions' CEO. BizAuctions' clients have included some
of the Nation's leading retail names at the forefront of their
industries. With a long-term strategy to provide eBay liquidation
services to Fortune 1000 enterprises, BizAuctions is a clear and
lucrative solution for most any business to liquidate excess
inventory on eBay. More information is available at
http://www.bizauctions.com/. Investors and media can receive a free
investor kit for BizAuctions, Inc. by contacting Investor Relations
at or (800) 961-3275. A virtual tour of BizAuctions' facilities and
flash video presentation can be viewed at
http://www.bizauctions.com/ ABOUT BIZAUCTIONS -- ADDRESSING THE $60
BILLION PROBLEM BizAuctions, Inc. (Pink Sheets: BZCN) is a prime
provider of commercial eBay liquidation services for excess
inventory, overstock items, and returns. Our clients have included
some of the Nation's leading retail names at the forefront of their
industries. BizAuctions addresses the $60 billion excess inventory
problem for clients by sending trucks to pick up pallets of excess
inventory, selling the inventory on eBay, and collecting payment.
We provide our clients with a new sales channel to generate
additional revenue on excess inventory, while at the same time
freeing up their valuable storage and retail space. With a
long-term strategy to provide eBay liquidation services to Fortune
1000 enterprises, BizAuctions is a clear and lucrative solution for
most any business to liquidate its excess inventory on eBay. The
Company encourages the public to read the above information in
conjunction with its year-end statement for December 31, 2008, and
the quarterly statements filed in calendar year 2009, at
http://www.pinksheets.com/. The information contained in this press
release may include forward-looking statements. Forward-looking
statements usually contain the words "may," "could," "possibly,"
"feel," "estimate," "anticipate," "believe," "expect," or similar
expressions that involve risks and uncertainties. These risks and
uncertainties include the Company's uncertain profitability, need
for significant capital, uncertainty concerning market acceptance
of its services, competition, limited service facilities,
dependence on technological developments and protection of its
intellectual property. The Company's actual results could differ
materially from those discussed herein. DATASOURCE: BizAuctions,
Inc. CONTACT: Delmar Janovec, Investor Relations of BizAuctions,
Inc., 1-800-961-3275, Web Site: http://www.bizauctions.com/
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