Investor Information
News Releases - 2001
Home > Investors > News Releases > 2001 >Liquidation World Opens New Outlets in Hamilton and St. Catharines
Calgary, June 6, 2001
Liquidation World Inc. (LQW-TSE; LIQWF-Nasdaq) is pleased to announce the June 7, 2001 grand opening of a new outlet in Hamilton, Ontario. The new outlet at 77 James Street North, in the lower level of the former Eaton’s Centre, is the Company’s second location in Hamilton, and expands Liquidation World's penetration of that market while taking advantage of marketing and logistic efficiencies.
The St. Catharines outlet is scheduled to open June 21, 2001 and marks the Company’s return to that market after closing the previous location in January, 2001. The new larger outlet at 370 Ontario Street is centrally located and more convenient for customers.
"These are two excellent expansion opportunities for us that will allow us to increase our customer base of bargain conscious consumers," said Dale Gillespie, President & C.E.O. of Liquidation World.
Liquidation World is a retail liquidator of consumer merchandise through 88 outlets across North America. The Company conducts Auctions of a diverse range of merchandise and equipment in the Calgary and Edmonton, Alberta markets and through on-site auctions across North America. Liquidation World solves inventory problems, in a professional manner, for banks, receivers, insurance companies, manufacturers and other organizations, and is committed to providing its customers with outstanding value over a broad range of merchandise. Liquidation World is celebrating its 15th year of growth and profitability, and is now the largest liquidator in Canada with more than 1600 employees in outlets across Canada and the U.S.
For more information, please contact:
Mr. Dale Gillespie, President & C.E.O.
Mr. Andrew Searby, CA, Chief Financial Officer
E-mail: investorinfo@liquidationworld.com
Website: www.liquidationworld.com
Telephone: (403) 250-1222
Fax: (403) 291-1306