SAN DIEGO, Nov. 30, 2010 /PRNewswire/ -- BizAuctions, Inc.
(Pink Sheets: BZCN), a prime provider of commercial eBay and Amazon
liquidation services for excess inventories, overstocks, and
returns, announced today that November sales for the Outlet Store
have increased marginally over October.
Delmar Janovec, BizAuctions'
President, remarks, "The Outlet-Retail store is continuing to make
great strides with November sales at approximately $41,505.00 through the 27th of this month. The
increase was approximately $5,288 or
14% over October sales for the Outlet Store, and $15,540 or a 60% increase over September sales,
and with two (2) typically high-volume days remaining for the month
of November, we should see sales approaching $45,000 or more for the month. The Outlet Store
sales have steadily increased since the opening in mid-August of
this year as the Company continues to broaden its customer base
with loyal customers that enjoy purchasing name brand merchandise
at prices significantly below retail. Our customers truly
appreciate BizAuctions' pricing and the variety of name brand
merchandise that is offered in the areas of clothing, household
items such as refrigerators, washers and dryers, vacuums, linens
and bedding items, and name brand electronics such as Sony,
Toshiba, Panasonic, Samsung, Sharp, and Vizio -- all at prices
significantly below retail. With the progress BizAuctions has
experienced since the opening of the Outlet-Retail store, and the
fast approaching Holiday season, the month of December should prove
to be a solid month for the Company." (For photos of our current
Outlet Store, please view the attached link at,
http://www.bizauctions.com/outlet/ )
"BizAuctions recently closed its retail store in the Chula Vista
Center, in anticipation of opening a new larger location in the
San Ysidro area, and under the
name of 'Lucky 7's Outlet', in order to sell its name brand
higher-end clothing such as Polo, Ralph
Lauren, Buffalo and Lucky jeans, Ed
Hardy shirts, PING sports apparel, O'Neill, and other name
brands, general merchandise, appliances, and some electronics that
will generally bring higher retail prices at Lucky 7's
Outlet versus its customary eBay and Amazon business
platforms," noted President Janovec.
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 and Amazon
platforms.
More information is available at www.BizAuctions.com. Investors
and media can receive a free investor kit for BizAuctions, Inc. by
contacting Investor Relations at investors@BizAuctions.com 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
eBay and Amazon commercial 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 Amazon, 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 and Amazon liquidation
services to Fortune 1000 enterprises, BizAuctions is a clear and
lucrative solution for most any business to liquidate its excess
inventory.
The Company encourages the public to read the above information
in conjunction with its year-end statement for December 31, 2009, and the quarterly statements
filed in calendar year 2010, and 2009, at 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.
SOURCE BizAuctions, Inc.