Return warehouses sell new merchandise at deep discount

At a time when inflation is pushing some prices higher and higher, we are all looking to save money on items for our homes or gifts for other people. One new trend is return and overstock warehouses. Some savvy shoppers are saving money thereby buying returned items that are too expensive for stores to restock.

So instead, people are buying them for pennies on the dollar. Meredith Diggs oversees a warehouse filled with bargains called All Surplus Deals, part of a growing trend of surplus stores. Diggs showed us some of their thousands of items for sale, including brand-new air fryers, Lego sets, a Bowflex, and a ride-on Mario Kart vehicle, all selling for a fraction of the original price.

“These might be somebody returned something because it didn’t work for them, but it might be right for you,” Diggs said. Retailers finding new ways to offload items So how are deals and steals like these even possible?

Vanderbilt University marketing professor Kelly Goldsmith says in many cases, retailers are looking for new ways to offload an increasing number of returned items. “Consumers are becoming more cautious about what they keep,” she said. “They’re not becoming more cautious about what they buy. They’re becoming more cautious about what they keep!”

In 2022, shoppers returned over 16 percent of the items they bought. And returns tend to be even higher when shoppers buy online. “What that means is that they end with a lot of kind of half-used, half-open, no box item, but the parts are there,” Goldsmith said. “And they need to get rid of.”

With some of these warehouses, you visit in person. At All Surplus Deals, you place bids in an online auction, then pick it up if you win. Diggs explained, “on the website, we’re going to tell you that it is assembled, that it is not damaged.”

Some lucky teen will get a powered hoverboard the warehouse was selling, with Christmas wrapping paper still attached. “It’s a £150 item and will probably go for about £50,” she said. All Surplus Deals is currently operating in Phoenix and Cincinnati, with more stores planned, though there are others like it in many cities.

And that way you don’t waste your money. _____________________ “Don’t Waste Your Money” is a registered trademark of Scripps Media, Inc. (“Scripps”).

Follow John Matarese:

For more consumer news and money saving advice, go to www.dontwasteyourmoney.com

Tags:

flip-out listed on couponmatrix.ukhomebase listed on couponmatrix.ukjust-tyres listed on couponmatrix.ukmoneygram-uk listed on couponmatrix.ukselect-fashion listed on couponmatrix.ukshoeaholics listed on couponmatrix.uk
flip-out listed on couponmatrix.ukWith a floor of trampolines, stunt zones and even resident DJs, your bundles of energy will love Flip Out?—the nation’s best-loved trampoline park. Packed with activities, your booking will cost less than you think with our Flip Out discount codes. We update our page regularly with the best sales and offers, including NHS discount codes, so if you check Groupon first they’ll get to dance, play and bounce for the best price!
homebase listed on couponmatrix.ukHomebase is a hub for homeowners, gardening enthusiasts and interior decorators alike, where items ranging from the smallest fixture to the largest piece of furniture are all available at affordable prices. Bring along a Homebase discount code and you can cut costs on whatever essentials you need, be it floor tiles or a fitted wardrobe. From redecorating the kid’s room to redesigning your garden patio, Homebase harbours all you need to convert a house into your fantasy home.
just-tyres listed on couponmatrix.ukWelcome to Just Tyres, the ultimate one-stop supplier of, you guessed it, tyres! Here, you'll find tyres for every car type, including all the top brands and all at affordable prices. With your Just Tyres discount code, you can enjoy durable and high-quality tyres for less. Find the perfect upgrade or replacement for your tyres with Just Tyres today.
moneygram-uk listed on couponmatrix.ukWe all send cash to family and loved ones, so why not make it a seamless process with MoneyGram, the company that makes sending and receiving cash the way it should be – simple. A great way to send cash overseas or arrange a last-minute back payment, all you need is a MoneyGram promo code to lower the cost of transfers even further. So do away with complicated transfers and embrace the easy way to manage money at MoneyGram.
select-fashion listed on couponmatrix.ukSelect Fashion are one of the biggest names in women’s fashion in the UK. Their extensive collection of on-trend styles and clothing make them the perfect place to pick up something special for your wardrobe. With a Select discount code from us you can save on the best in high street fashion, without breaking a sweat. Whether you’re looking for a new pair of jeans or you’re after a dress for date night, Select have got you covered.
shoeaholics listed on couponmatrix.ukIf you’re ever unsure what’s in for footwear this season, you only have to look over the latest additions to the Shoeaholics catalogue. Host to hundreds of shoes and handbags from designer brands like Aldo, Kurt Geiger and Hunter, you’ll be hard-pressed choosing which chic styles to buy for less with a Shoeaholics discount code. With flash sales and new brand launches guaranteed to keep your shoe selection on trend, you’ll never need another store to satiate your craving for phenomenal footwear.