SAN DIEGO, March 17, 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 sales for the month of March are on
pace to 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 sales
for the first fifteen (15) days of March are at $48,123. Based upon the sales trend since the
opening of the Retail-Outlet store in August of 2010, and sales
through the 15th of this month, I anticipate seeing March sales
exceeding $90,000 for the month. This
could result in an increase of $9,492
or 11% over February sales of $80,508, and an increase of $74,123 or approximately 467% over August sales
of $15,877, the opening month of the
Retail-Outlet store. The BizAuctions-Lucky 7's business
model continues to make significant progress due to our loyal and
growing customer base and advertising in CUPOMANIA, a
Hispanic advertising publication that has over 7,000 subscribers in
the local communities of Otay Mesa,
San Ysidro, and San Diego. Our customers are extremely
satisfied in being able to shop for the variety of name brand
merchandise that 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 our current trend in sales, I expect to see many
more record months for BizAuctions-Lucky 7's
Retail-Outlet store in this calendar year, 2011." (For
photos of our current Retail-Outlet Store, please view the attached
link at: http://www.bizauctions.com/outlet/.)
"BizAuctions closed its retail store in the Chula Vista Center,
last year, in anticipation of opening a new larger location in the
San Ysidro area, with the ability
to sell an expanded array of merchandise under the name of
"Lucky 7's Outlet," in order 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 and Vizio, that will generally bring higher
retail prices at Lucky 7's Outlet versus its
customary eBay and Amazon business platforms. We are continuing to
work with the landlord on the finalization of the lease terms and
anticipate a store opening in mid to late April, upon the
completion of the tenant improvements," 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.