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Las Vegas, Nevada--(Newsfile Corp. - March 26, 2020) - With the spread of COVID-19 across the U.S., Auto Parts 4Less, Inc., the wholly owned subsidiary of the 4Less Group (OTC PINK: FLES), announced their ecommerce sites are still taking orders and shipping auto parts across the country direct from their warehouse in North Las Vegas. "Additionally, as of today, all of the manufacturers we have been representing on our ecommerce platforms are making ...
Las Vegas, Nevada--(Newsfile Corp. - February 27, 2020) - The 4Less Group (OTC Pink: FLESD) announced today that it has successfully reduced its convertible debt by approximately $1.1 million in exchange for 250 shares of The 4Less Group's Series C Convertible Preferred Stock. The 250 shares of series C preferred represent an approximate 2.5% ownership stake in the company."We are very pleased to have been able to reduce our convertible debt in such ...
Las Vegas, Nevada--(Newsfile Corp. - February 25, 2020) - The 4Less Group, Inc. (OTC PINK: FLESD) is pleased to announce that its wholly owned subsidiary Auto Parts 4Less, Inc. ("4Less", or the "Company") the owner of Liftkits4less.com (www.liftkits4less.com) ("Liftkits") has seen a 39% total increase in revenue on its liftkits4less.com website for FYE Jan. 31st 2020 compared to FYE Jan. 31st 2019. 47% of the increase in FYE Jan. 31st ...
Las Vegas, Nevada--(Newsfile Corp. - December 20, 2019) - The 4Less Group, Inc. (OTC Pink: FLES) is pleased to announce that its wholly owned subsidiary the Auto Parts 4Less, Inc. ("4Less", or the "Company") the owner of Liftkits4less.com (www.liftkits4less.com) ("Liftkits") has posted direct sales on its proprietary site that represent 47% of overall sales for the third quarter of 2019. That is a 12% increase quarter over quarter compared to this past Q2 2019. ...
Las Vegas, Nevada--(Newsfile Corp. - December 12, 2019) - The 4Less Group, Inc. (OTC Pink: FLES) is pleased to announce that its wholly owned subsidiary the 4Less Corp. ("4Less", or the "Company"), the owner of Liftkits4less.com (www.liftkits4less.com) ("Liftkits"), has booked sales on its direct site for the month of November that represented 62% of overall sales for the month. Additionally, sales for Cyber Monday this year were the highest ever in one day at ...
Las Vegas, Nevada--(Newsfile Corp. - December 3, 2019) - The 4Less Group, Inc. (OTC Pink: FLES) announces that along with its recent acquisition of the URL AutoParts4Less.com (4Less) it also owns multiple website domains with the 4Less brand that includes: Brakes4Less.com, Shocks4Less.com, HeadLights4Less.com, AirIntake4Less.com, BrakePads4Less.com, ExhaustSystems4Less.com, FenderFlares4Less.com, Mufflers4Less.com, OverLand4Less.com, PowerSteps4Less.com, TrailerHitches4Less.com, WheelsAndTires4Less.com and Winches4Less.com which the company expects to build out as niche sites similar to LiftKits4Less.com. The company expects to build out ...
During Q2 2018, direct sales on the Company’s proprietary website represented 26% of overall sales for that quarter, and during Q2 2019 direct sales represented 42% of overall sales for an increase of 61% between both quarters. The Company’s goal is to derive most of its sales directly from its proprietary websites thereby benefiting from higher margins and retaining the ability to offer its own customer service directly to clients rather than relying on third party vendors. With this significant increase in direct sales in proportion to overall sales in the past year, the company believes to be well positioned to reach its goal in the future.
LAS VEGAS, Nov. 21, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- The 4Less Group, Inc. (FLES) is pleased to announce that it has acquired the URL AutoParts4Less.com. The 4Less Group’s wholly owned subsidiary, The 4Less Corp., (4Less) will also be changing its name to Auto Parts 4Less, Inc. Over the past 4 years, 4Less has developed a unique ecommerce platform to serve the aftermarket parts space primarily for trucks, jeeps and SUV’s. With its proven sales platform liftkits4less.com, Bumpers4less.com and TruckBedcovers4Less.com, 4Less is now looking to expand its presence across the entire auto parts spectrum.
LAS VEGAS, July 11, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- The 4Less Group, Inc. (FLES) is issuing this update to shareholders in light of the additional time that it has been taking to complete the company’s audit and first quarterly financial filings. Although the audit has been taking longer than anticipated there have not been any issues raised by the auditors with respect to the company or its financials. Both the company and the auditors are working diligently to complete the filings as soon as possible.
The company expects to have its financials filed shortly. With the recent final closing of the acquisition of the 4Less Corp., FLES is focusing all of their efforts and resources on building out their fast growing ecommerce automotive specialty equipment parts and accessories company with highly targeted "niche" web sites.