SAN DIEGO, April 13, 2011 /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 March sales set a new monthly record.
(Logo:
http://photos.prnewswire.com/prnh/20110210/LA45929LOGO)
Delmar Janovec, BizAuctions' CEO,
comments, "BizAuctions-Lucky 7's Retail-Outlet store March
sales set a record month at $87,355.
March sales exceeded February sales of $80,508 by $6,847
or an increase of 8.5% for the month. Month over month sales have
increased since the opening of the Retail-Outlet store in August of
2010, and I anticipate seeing that trend continuing through this
calendar year 2011. The BizAuctions-Lucky 7's customers are very
satisfied in being able to shop for the assortment of name brand
merchandise which is available in clothing, general merchandise,
appliances, household items, and electronics such as Sony, Toshiba,
Samsung, Vizio, and Panasonic; Maytag, and Whirlpool appliances;
and Polo, Ralph Lauren, Lucky &
Buffalo jeans, O'Neill and PING sports apparel and other name
brands, all at affordable prices that are significantly below
retail. Based upon the current sales trend, I expect to see many
more positive months for BizAuctions-Lucky 7's
Retail-Outlet store in this calendar year." (For photos of
our current Retail-Outlet Store, please view the attached link at
http://www.bizauctions.com/outlet/)
"BizAuctions closed its Lucky 7's retail store in the
Chula Vista Center in the fall of 2010 in anticipation of opening a
new larger location in the San
Ysidro area. The lease for the new Retail-Outlet store was
signed on April 4, 2011 and consists
of a 3,800 sq. ft. store in the San Ysidro Village Center, adjacent
to the Las Americas Premium Outlets, and within approximately 1/4
mile of the San Ysidro-USA Border crossing that sees an estimated
traffic flow of 50,000 vehicles and 25,000 pedestrians crossing
each day. This new Retail-Outlet store in San Ysidro will allow Lucky 7's
the ability to sell its name brand higher-end clothing such as
Polo, Ralph Lauren, Buffalo and
Lucky jeans, Ed Hardy shirts, PING
sports apparel, O'Neill, and other name brands, general
merchandise, and electronics such as Sony, Samsung, Toshiba,
Panasonic, Sharp, and Vizio, that will generally bring higher
retail prices at Lucky 7's Retail-Outlet 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.
www.BizAuctions.com
SOURCE BizAuctions, Inc.