BizAuctions' Retail Store Gaining Sales in 7th Week of Operations
July 23 2009 - 7:15AM
PR Newswire (US)
SAN DIEGO, July 23 /PRNewswire-FirstCall/ -- BizAuctions, Inc.
(Pink Sheets: BZCN), a prime provider of commercial eBay
liquidation services for excess inventories, overstocks, and
returns, announced today that its recently opened retail clothing
store, Lucky 7's, continues to gain sales on a weekly basis after
its seventh full week of retail operations. "Lucky 7's is in its
seventh full week of retail operations and sales have continued to
increase weekly since the opening of the store on May 29, 2009. We
are building a solid base of repeat customers and are continuing to
see new customers looking for great buys on our name brand clothing
and merchandise," noted Delmar Janovec, BizAuctions, CEO. Janovec
added, "Lucky 7's customer base is building by word-of-mouth from
its repeat customers as minimal amounts have been spent for
advertising. If our retail operations are as successful as we plan,
we should see additional revenue growth while providing our
customers with name brand products at reasonable prices." Photos of
the Lucky 7's store maybe viewed at: http://www.bizauctions.com/,
under the Tour button menu item. 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 statement 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: Investor Relations, Target IR LLC, +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/
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