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Western Wear
Chains Offering Huge Savings at Special Inventory Sale
Shoppers Can Expect Quick Holiday Bargains As
Worried Retailers Cut Prices
Rosslyn Hotel Renovation
into Affordable and
Market-Rate Housing
Retailers's Shift Away
from
Purchasing Contracts
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TOYS, GAMES AND COLLECTIBLES OFFERED AT
HUGE DISCOUNTS IN
ONGOING CHICAGOLAND INVENTORY SALES
CHICAGO (7/21/08) – Fans of beloved board games like Risk, Scrabble
and Monopoly; aficionados of classic role-playing adventures like
Avalon Hill and Dungeons & Dragons; and collectors of everything
from Webkinz plush toys to Yu-Gi-Oh! cards to hand-carved chess
sets, will find a paradise of deals at massive sales now underway at
three local malls.
Gamer’s Paradise, the specialty retailer founded in 1979 by local
entrepreneur Philip Schwartzer, is liquidating approximately $1
million in games, toys and collectibles as part of a strategic
consolidation that involves closing three of its six remaining
stores, said Stevan Buxbaum, executive vice president of Buxbaum
Group, the Agoura Hills, Calif.-based firm running the sale.
The ongoing sales at Gamer’s Paradise at Water Tower Place in
Chicago, Woodfield Mall in Schaumburg, and Yorktown Center in
Lombard offer savings of up to 50% on inventory that ranges from $5
Duncan Yo-Yos to artfully carved chess sets retailing for $300. The
sales will continue for the next two or three months, says Martin
Coborne, who is supervising the sale.
To be sure, games and collectibles like Pokemon cards, Star Wars
figurines or perennial favorites like backgammon, poker, darts and
billiards remain as popular as ever with the enthusiasts who have
patronized Gamer’s Paradise ever since it opened in a
500-square-foot space at Century Mall, Buxbaum notes. But the
chain—which eventually grew to 13 locations—has struggled as high
gas prices and other consumer pressures have gnawed away at
discretionary dollars. “In a weakening economy, one of the first
things to get cut out is entertainment,” Buxbaum explains. “This is
hurting the entire toy and gaming sector.”
About Buxbaum Group - Buxbaum Group, headquartered in Agoura Hills,
Calif., has built its reputation for over 30 years as one of the
largest liquidators and appraisers of retail and wholesale
inventories across North America. While continuing to operate in
those areas, the company has shifted its primary focus in recent
years to turnaround investing.
Press Contacts: At Buxbaum Group, Stevan
Buxbaum, executive v.p. (612) 363-6517; at Parness & Associates
Public Relations, Lisa Kreda or Bill Parness, (732) 290-0121 |
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