BizAuctions Retail Store Opens for Revenue Growth
June 03 2009 - 7:30AM
PR Newswire (US)
SAN DIEGO, June 3 /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 has opened its retail store operations for revenue
growth and liquidation of excess clothing inventory. "The retail
store opened on May 29, 2009 in the Chula Vista Center in Chula
Vista, CA, next to Macy's, an anchor store, and PacSun retail
stores, under the name of 'Lucky 7's'. The location for the retail
store in the Mall is ideal and should bring in customers looking
for great buys on name brand products," noted Delmar Janovec,
BizAuctions' CEO. Janovec added, "Management plans to announce
additional details on the 'Lucky 7's' retail operations over the
next several weeks to include a Grand Opening event. If our retail
operations are as successful as we hope they will be, we should see
additional revenue growth while providing our customers with name
brand products at reasonable prices." 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, Target IR LLC, +1-760-633-0092, ,
for BizAuctions, Inc.; or Delmar Janovec of BizAuctions, Inc.,
1-800-961-3275, Web Site: http://www.bizauctions.com/
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