SALT LAKE CITY, Dec. 1, 2010 /PRNewswire-FirstCall/ -- Green Endeavors, Inc. (Pink Sheets: GRNE), a majority owned subsidiary of Nexia Holdings, Inc. (Pink Sheets: NXHD), is proud to announce that its salon operations have posted record revenues for November.
Our newest Landis Lifestyle Salon location generated $42,478 in gross sales in October, its first full month of operations. In the month of November our newest location posted service and product sales of $46,777 and gift card sales of $3,620 which roughly equates to a 20% increase in sales over October.
Combined revenues (inclusive of gift card sales) for both locations were $204,422 in November 2010, compared to $164,529 for the comparable period in 2009. The $40,000 increase represents a 24% climb over the comparable month in 2009. Richard Surber, CEO, noted that, "Our newest location's sales in November 2010 were over 300% more than the non-performing Bountiful location that we closed. We are setting the stage for record sales in 2011 that I hope will be jump started by strong holiday sales."
Richard Surber, CEO, of GRNE pointed out that, "Our flagship locations sales were up 3% over the prior comparable month in November, even though a good portion of our staff moved over to the new location. I am even more excited about the fact that many of our new hires will be ready for the floor starting December 1 and January 1. We have spent the last few months educating our new hires which should further increase our sales throughout 2011."
Mr. Surber continued, "We have implemented several holiday promotions designed to provide a great value for our guests and new business in 2011. For each Aveda gift set purchased, our guest will receive a $20 gift card good towards any new service or for use by any new guest that may be the recipient of the Aveda gift set. The lowest priced Aveda gift set is $20. In addition, we have added the option to purchase gift certificates that can be printed directly and instantaneously off of our web site through www.thegiftcardcafe.com. I expect to significantly increase our gift card sales as a result of this great new tool."
About Green Endeavors, Inc.
Green Endeavors, Inc. (Pink Sheets: GRNE), headquartered in Salt Lake City, Utah, is a holding company with operations in health & beauty. GRNE's wholly owned subsidiaries, Landis Salons, Inc., and Landis Salons II, Inc., http://www.landissalons.com, are hair salons built around the world-class AVEDA™ product line. For more information, visit http://www.green-endeavors.com.
GRNE strongly encourages the public to read the above information in conjunction with its filings and disclosures filed in 2009 and 2010. GRNE's disclosures can be viewed at www.sec.gov and www.pinksheets.com.
This press release reports information gathered on a preliminary basis for select points in time. The numbers are not audited and have not been reviewed by an independent accountant. This press release also contains forward-looking statements. There are no assurances that such assumptions will prove correct with regard to potential additional locations. The actual results that GRNE may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Investors should not invest more than they can afford to lose in penny stocks.
FOR MORE INFORMATION, CONTACT:
Richard Surber, President
Green Endeavors, Inc.
801-575-8073 x 106
SOURCE Green Endeavors, Inc.