SAN DIEGO, Nov. 4, 2010 /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 October sales for the Outlet Store
have increased significantly over September.
Delmar Janovec, BizAuctions' CEO,
comments, "Our Outlet-Retail store continues to make great progress
with October sales of approximately $37,212.00. This was an increase of approximately
$11,252 or 43% over September sales
for the Outlet Store, and a number that we are pleased with since
the Outlet Store only opened in mid-August of this year.
BizAuctions customers base is continuing to grow rapidly due to the
assortment of name brand merchandise that we offer in clothing,
household items such as refrigerators, washers and dryers, vacuums,
rug shampooers, coffee pots, linens and bedding items, and name
brand electronics such as Sony, Toshiba, Panasonic, Vizio, Sharp,
and Samsung - all at prices significantly below retail. Our
customers appreciate the variety of merchandise available, whether
it is brand new or slightly used that is still in new-like
condition, and at affordable prices. With the progress we have
experienced since the opening of the Outlet-Retail store, and the
approaching Holiday season, the months of November and December
should see significant gains in sales." (For photos of our current
Outlet Store, please view the attached link at,
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
clothing such as Polo, Ralph Loren,
Buffalo and Lucky jeans, Ed Hardy
shirts, PING sports apparel, and other name brands that bring
higher retail prices at Lucky 7's versus its customary 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.