What is a BIN Store?
What is a BIN Store?
Bin Stores are a retail location that provides “liquidated” merchandise from retailers such as Amazon, Target and Walmart at drastically reduced prices.
Bin Stores typically sell overstock, returned, or slightly damaged goods from major retailers at significantly discounted prices. Items are often sold in bins, and prices may be reduced daily until all items are sold or removed. Bin Stores typically run a “Price Down” model where they generally start with a price such as $10 or $12 per item on restock day and lower day by day until the merchandise is cleared.
BIN Stores generally attract a large amount of customers as there is a “rush” to get the best items “first