Bin Stores A Hidden Treasure for Bargain Hunters

Bin Stores: A Hidden Treasure for Bargain Hunters

Score amazing deals at bin stores like The Little Depot, where major retailers sell returned items at bargain prices. You can find huge savings on electronics, clothing, and more!

Are you looking to save money? 

Try shopping at bin stores. 

Have you ever wondered what happens when you return items like coffee makers or clothing to retailers like Amazon? 

The short answer: Big U.S. retailers resell a lot of returned merchandise to liquidators, who then sell these items to “bin stores,” where consumers can buy the goods at a steep discount.

One such chain is The Little Depot, which has three bin stores across the U.S. 

They resell a fraction of this returned merchandise to eager consumers, some of whom will sleep in their cars to be first in line for discounts on various goods, including clothing, electronics, and barbecue grills.

The Little Depot: A Shopper’s Haven

Paul Barboza, the owner of The Little Depot in Pasadena, Calif., shared his insights with CBS News:

“Say you walk in and leave, and you buy 10 items, you pay $100, it’s $1,000 worth of items.”

Major retailers like Amazon, Target, Walmart, and Macy’s sell returned goods to liquidators, who resell these items to independently owned bin stores like The Little Depot. 

Everything at Barboza’s store costs $10, regardless of its original list price. One shopper held up a pair of Beats headphones, originally costing hundreds of dollars, which she had purchased for $10. 

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Laptops and air purifying systems worth over $400 were also available at The Little Depot’s Pasadena location. 

Additionally, lawnmowers, grills, and power tools were available for up to 80% off.

Bin Store Savings at a Glance

ItemOriginal PriceBin Store PriceSavings
Beats Headphones$200 – $300$10Up to 96%
Air Purifying System$400+$10Up to 98%
Sony PlayStation 5$500$1098%
Laptops$400+$10Up to 98%
Power Tools$200 – $400$10Up to 98%

The Environmental Impact and Profitable Side-Hustle

According to the National Retail Federation, roughly $743 billion worth of merchandise was returned last year, with more than 17% of online purchases being returned. 

Barboza, who opened his first bin store in 2020, has turned a profit over his four years in the business and expects to be operating five stores by the end of the year. 

He also sees it as beneficial for the environment:

“I see it as a positive. I feel like it would end up in landfill,” he said of the returned merchandise he resells.

Some bin store shoppers are in it for the merchandise, while others are for the savings. 

Elmo Ramirez told CBS News he visits the stores to buy goods that he resells at a profit, which he said is a lucrative side hustle. 

For example, he purchased a Sony PlayStation 5 game console for $10. Reselling goods like this can net him as much as $1,600 on a good day:

“It is one way to make much money. I will make $1,600 in one day. Probably I spent $100, $150,” Ramirez said.

Conclusion

Bin stores offer a unique shopping experience where savvy consumers can find incredible product deals. 

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Whether you want to save money, find a rare item, or start a profitable side hustle, bin stores like The Little Depot provide opportunities too good to miss.

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