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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 |  |  |
