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bargain bin in Retail
A bargain bin is a container in a store where old or damaged goods are offered for sale at reduced prices.
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.
What is bin merchandise? ›It's a retail store that sells overstock, returned, and clearance merchandise from major retailers. The merchandise is typically sorted into bins (in case you were wondering where the name came from) by category, and shoppers can dig through the bins to find deals on name brand products.
Where do krazy bins get their items? ›How Krazy Bins Works. Here's how each Krazy Bins discount store works: Each week we receive truckloads of exciting returns and overstock items to bring our customers Krazy good deals! You never know what you might find, but we can't guarantee that we will always have the same products or retail items each week!
What does bin mean in a bid? ›Chapter 346. It is a variation of English auction developed by eBay. The seller posts a BIN price and agrees to close the auction at this preset price.
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