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Las Vegas, NV, Oct. 27, 2021 (GLOBE NEWSWIRE) -- The 4Less Group (OTCQB: FLES) is pleased to announce that they have entered into an agreement with WHI Solutions, Inc. (WHI), the leading provider of cloud-based solutions to automotive parts sellers, to power their Automotive Marketplace.
“We are excited that AutoPart4Less has selected WHI’s automotive parts catalog to power their marketplace. WHI is the industry-leading provider of automotive parts fitment data with over 4.3 billion vehicle fitment applications for more than 15 million parts and coverage going back as far as 120 years. In 2020 more than $5 billion dollars in online part sales have been made using the WHI catalog,” Stated Kevin Culpepper, Sales Director for WHI.
“The WHI relationship will help allow us to reach our goal of millions of parts on our platform with multiple sellers for each part listed and is a significant step towards becoming the leading site for all automotive parts and a world-class marketplace for sellers and buyers alike,” Said Christopher Davenport, founder, president, and CEO of AutoParts4Less.com “Additionally, we look forward to accessing WHI’s industry-leading integrations to over 30,000 automotive fulfillment centers”.
“The WHI data will greatly enhance the ability of buyers to find the correct part for their car or truck as more sellers join the platform,” continued Tim Armes, President of the 4Less Group, Inc.
About WHI Solutions. Inc.
WHI Solutions, Inc. is the leading provider of cloud-based solutions to automotive parts sellers
Founded in 1999 and acquired by eBay in 2012. They are:
#1 in B2B eCommerce platform that exceeded $5 billion in sales in 2020.
Most comprehensive parts database with over 4,800 parts catalogs.
Customers in 10 countries and Products in 3 languages.
Inc. Magazine Top 5000
Regional Offices in Westchester, NY (HQ) and Los Angeles, CA
AutoParts4Less.com is a multi-vendor online marketplace dedicated to automotive parts. The wholly owned subsidiary of The 4Less Group, Inc. (OTCQB: FLES), AutoParts4Less.com offers buyers and qualified sellers a wide range of automotive parts for cars, trucks, boats, motorcycles and RV’s on a single platform.
With the launch of their automotive marketplace, AutoParts4Less.com, the company expects to eventually have available for sale millions of unique SKUs, as well as multiple sellers for most SKUs listed which in turn will provide customers with more options. The Company is developing best in-class technological modules to increase visitor conversions by adding how-to content and various other services to the websites. Current marketing and branding strategy presently consist of strong SEO traffic, pay-per-click as well as sponsoring drivers in the NASCAR motor sports.
Additionally, as a platform business model, the AutoParts4Less.com marketplace is highly scalable and can take advantage of the network effect, meaning as more sellers participate on the platform it will attract more sellers and thus more buyers.
Information on FLES can be found at www.the4lessgroup.com.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements, including information about management's view of the Company's future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. Such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Factors that could cause results to differ include but are not limited to, successful performance of internal plans, product or services development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. No information in this press release should be construed in any way whatsoever as an indication of the Company’s future stock price, revenues, or results of operations. The Company takes no obligation to update or correct (i) its own forward-looking statements, except as required by law, or (ii) those prepared by third parties that are not paid for by the Company.
The 4Less Group, Inc.
106 West Mayflower
Las Vegas, NV 89030