SAN DIEGO, Sept. 1 /PRNewswire/ -- BizAuctions, Inc. (Pink
Sheets: BZCN), a prime provider of commercial eBay and Amazon
liquidation services for excess inventories, overstocks, and
returns, and La Jolla Liquidation and Auction Co. announced today
that sales for the BizAuctions-La Jolla Outlet Retail store for the
2nd week of business sees modest increase.
Delmar Janovec, BizAuctions' CEO,
comments, "The BizAuctions-La Jolla Outlet store for the 2nd week
of business sees a modest increase of approximately 4% to
$9,985.00, in sales. The
increased in sales were attributed mostly to our current base
of customers returning to the Outlet store for purchases of
name brand electronics, clothing and general merchandise such
as Sony and Vizio TVs, Polo, and Lucky jeans, Dyson, and Bissell
vacuum cleaners, Samsonite luggage, and other name brand household
merchandise. Funds for advertising at this time have been minimal
yet we have benefited from the high traffic location and from our
customers word of mouth of great purchases for name brand clothing
and general merchandise. Based upon the 2nd week of sales, I firmly
believe we will reach sales of $5,000.00, per day, easily and especially when
BizAuctions adds name brand electronics to the inventory at the
Outlet store. It was a good second week of business that will
continue to build and expand our customer base looking for name
brand merchandise at prices significantly below retail pricing."
(For photos of the Outlet Store, please view the attached link.)
http://www.bizauctions.com/outlet/
"BizAuctions opened its 1st retail store 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" in order to sell its name brand higher-end
merchandise such as Polo, Ralph
Loren, Buffalo and Lucky jeans, Ed
Hardy shirts, PING sports apparel, and other name brand
clothing merchandise that brings higher retail prices at Lucky
7's versus its customary outlet, its eBay and Amazon business
platforms," 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.
SOURCE BizAuctions, Inc.
Copyright t. 1 PR Newswire