SAN DIEGO, Jan. 27, 2011 /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 January sales will surpass
Decembers'.
Delmar Janovec, BizAuctions' CEO,
comments, "Since the opening of the Outlet store on August 17, 2010, we have seen sales steadily
increase month over month and have set a new one-day sales record
of $4,131.00 on January 20, 2011. Based upon sales through
January 26, we anticipate January
will surpass December sales of $55,443, and could top $60,000 for the month. We continue to be very
optimistic in our BizAuctions-Lucky 7's business model and
have made great progress since the opening of our current
BizAuctions-Lucky 7's Outlet store located in the
office-warehouse at 1510 Corporate Center Drive, Otay Mesa, CA
92154. BizAuctions-Lucky 7's continued growth in sales is
due in part to our expanding and loyal customer base,
advertisements in a local Hispanic publication, CUPOMANIA,
www.cupomania.com, and the variety of name brand merchandise
available in the areas of clothing, general merchandise,
appliances, electronics and household items--all at prices that are
considerably below normal retail. January should prove to be
another record month for BizAuctions-Lucky 7's Outlet
store and I anticipate many more record months to come in calendar
year 2011." (For photos of our current Retail-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, with the ability
to sell an expanded array of merchandise 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 electronics that will
generally bring higher retail prices at Lucky 7's
Outlet versus its customary eBay and Amazon business
platforms. We anticipate the store opening in late February to
early March of 2011," noted CEO, 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.
www.BizAuctions.com
SOURCE BizAuctions, Inc.