New El Paso bin stores promise deals from major retailers such as Walmart, Target
For many, the allure of bin stores lies in the hunt for bargains, hoping to score the lowest price.
Bin stores offer a treasure trove of home goods, tech gadgets and clothing.
El Paso’s landscape of savings has expanded with the opening of at least two new bin stores in May. These stores invite shoppers to delve into bins brimming with an array of products, all at bargain prices.
Monster Lots, located in the Lower Valley, opened May 3, according to its Facebook page.
A similar store in Socorro, El Premo FunXfind, also opened its doors May 3.
All items inside the bin store are new, said Monster Lots Supervisor Berenice Jimenez. Most come from Walmart, Target, and Amazon. She said the store is anticipating big crowds, including shoppers from Mexico.
“The prices are low,” Jimenez said. “It’s everything you are going to find in a department store. We have everything, bicycles, gardening tools — everything.”
Here’s what to know about bin stores:
Where does the merchandise come from?
Retailers such as Walmart, Amazon and Target send returned goods to discount bin stores instead of restocking returned merchandise, according to an article by Forbes.
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How much do items cost?
For most bin stores, the price depends on the day.
For instance, El Premo FunXfind puts out newly stocked merchandise on Fridays.
All items cost $12 on Fridays. On Saturdays, the price goes down to $10; Sundays are $8; Mondays are $5; Tuesdays are $3; Wednesdays are $1; and Thursdays are 50 cents.
Prices go back up on the day new items are put on the floor.
Many other bin stores have similar pricing scales.
What kind of items are sold at bin stores?
Electronics, home and garden, toys, clothes, shoes — everything found at department stores.
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Where are some bin stores in El Paso?
Monster Lots: 4300 Rosa Avenue
El Premo FunXfind: 10600 North Loop Drive
El Remate Discount El Paso: 5300 Doniphan Drive
El Remate Discount 2: 425 N. Yarbrough Drive
Black Fridays Daily Discount Store: 7410 Remcon Circle
Black Fridays Daily Discount Store: 1212 Wedgewood Drive
Black Fridays Daily Discount Store: 100 N. Americas Avenue
This article originally appeared on El Paso Times: New El Paso bin stores promise deals from major retailers