BizAuctions Plans Retail Store Opening for Revenue Growth
May 26 2009 - 6:20AM
PR Newswire (US)
SAN DIEGO, May 26 /PRNewswire-FirstCall/ -- BizAuctions, Inc. (Pink
Sheets: BZCN), a prime provider of commercial eBay liquidation
services for excess inventories, overstock items, and returns,
announced today that it has been in the process of concept
development and opening of retail store operations for revenue
growth and liquidation of excess clothing inventory. "This retail
store division that we are in the process of developing and opening
could bring relatively strong additional revenue to BizAuctions and
also hopefully increase profitability on clothing liquidation,"
noted Delmar Janovec, BizAuctions' CEO. With concept development
and retail store opening currently ongoing, the Company did not
release any additional details about the planned retail operations.
However, Management noted that it plans to announce additional
details in the next one to two weeks as retail store planning and
opening progresses. Janovec added, "We have been planning the
retail store division for quite some time and are excited to see
this vision come to fruition. If our retail operations are as
successful as we hope they will be, we look forward to additional
revenue growth." 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 2008, 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: Investor Relations,
+1-760-633-0092, , for BizAuctions, Inc.; or Delmar Janovec,
Investor Relations of BizAuctions, Inc., 1-800-961-3275, Web Site:
http://www.bizauctions.com/
Copyright