| So these are popping up everywhere, then? I have two within five miles of my house. They've both been there over a year, probably a bit longer. I'm in a mid-western US suburb, mostly blue-colllar/manufacturing employers around here. And there's a "Red Tag" store (similar) which is very obviously trying to pass off that they sell Target returns/over-stock. It's across the street from -- surprise -- a Target! Of the two "bin" stores, nearby, one is much larger/newer. The bigger one starts off at $7 on Saturday at noon, dropping to a buck by the following Friday. There is a loooooong line. I think they started selling memberships or something along those lines to let you have the first spots in said line (or maybe get in a little early). They sell other, higher-dollar items, but I've walked out of there on a Saturday with a portable pump for $7 that was selling for $60 on Amazon (it was worth about $20 IMHO). There's a reason people line up. They also sell $35 random (sealed) boxes (and I think you can buy 4 for $100 or some kind of arrangement like that). I've never seen the contents of these boxes. It looks like most of these businesses stock returns from, mostly, Amazon but also others which they buy in lots. I'm not sure the mechanics of it but I'm sure another comment has an explanation by now. Searching "Surplus" on Google Maps surfaced the two I found (with identical models) as well as one an hour away that didn't do the "bin" arrangement, but dealt in larger items. I purchased an ultra-wide monitor for $400, there (about $350 off the best price when I bought it). Personally, I love these spots. There is such a massive stock of returns that you can almost rely on showing up at one of these places and having a pretty good chance of finding what you need, it just takes a little more effort. |
Anyway, The Bins has a unique culture. There's The Changing of The Bins - that happens when they take out the most picked over bins and replace them with fresh bins full of stuff. People line up around the perimeter where the new bins will appear and then there's a bit of a frenzy when the new bins are rolled in.