In a new twist on retail, overstock bin stores overstock bin stores near me sell items that bigger retailers don’t want, and it’s a hot trend. A family business in Florida called Hotbins started the trend in October, and now has four locations across the state and a fifth coming soon. The store buys up pallets of Amazon returns and overstock, puts them in large bins, and then sells them at a steep discount. “It’s a mashup of modern shopping,” says founder Mike Ijak. It’s a “tableau of humanity.” “It’s a romp through consumerism that’s been snatched up and left behind.”
At the local Hotbins, located across from Busch Gardens in Cabarrus County, first-time shoppers start lining up at 6:30 a.m. The store closes Thursday night to restock, and then opens Friday morning with customers racing in to get their hands on the latest finds. In recent weeks, the inventory has included everything from a child’s scooter to a Nespresso machine. The store calls its brand of discounting “everything must go pricing,” and the selection varies by week.
Overstock Bin Stores: Your Key to Finding Surplus Delights and Unbeatable Deals in Your Area
Other businesses, dubbed liquidation bin stores, also offer discounts on products. They buy excess inventory from brands that can’t sell through their usual channels, including Amazon returns, overstock items, shelf pulls, and discontinued products. Then, they sort them into bins by category and price. Customers shop the bins to find one-of-a-kind treasures or new items for their businesses and side hustles. It’s a win-win, because the liquidation stores save money on inventory costs and the items find a new home instead of going to waste.