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Looking to save money? Try shopping at bin stores.

Looking to save money? Try shopping at bin stores.

CBSN
Monday, May 13, 2024 07:20:20 PM UTC

Ever wonder what happens when you send a coffee maker, clothing or other items you bought back to retailers like Amazon? The short answer: Big U.S. retailers resell a lot of returned merchandise to liquidators, which then sell items to "bin stores," where consumers can buy the goods at a steep discount. 

The Little Depot, which has three bin stores across the U.S., resells a fraction of it to eager consumers, some of whom will sleep in their cars just to be first in line so they can score discounts on a range of goods, including clothing, electronics and barbecue grills. 

"Say you walk in and you leave and you buy 10 items, you pay $100, it's $1,000 worth of items," Paul Barboza, the owner of The Little Depot in Pasadena, Calif., told CBS News.  

Read full story on CBSN
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