By Jorge Antonio Vazquez Buendia
Sep 26, 2024, 11:33 AM EDT
Twice as Nice and Cost Less are “secret” California warehouses that resell Costco and Target products at a lower price. These retailers are mostly located in the southern suburbs of the state and in the Bay Area.
A report by La Nación indicates that in California, on the outskirts of cities such as San Francisco and Los Angeles, these warehouses resell discontinued or surplus products at large discounts from large retailers.
At Twice as Nice you can get clothes, appliances and other types of products at a very affordable price, which is not a bad situation considering the inflationary context affecting Americans.
Sadana Traxler, owner of Twice as Nice, which has locations in Half Moon Bay and San Bruno, says the stores sell everything from appliances to school supplies, often with attractive discounts of up to 50% off brand-name products.
Sadana says she often bids on Costco’s surplus items online, sometimes buying as many as five or six pallets of products. Best of all, despite the ridiculously low prices, the merchandise is not defective and the discounts are because some items’ packaging was damaged.
Twice as Nice did not explain how the process of selling off surplus items works, but it says it is a very common practice among large retailers, and that it is not exclusive to Costco and Target, as many retail stores use this method to get rid of products that they cannot sell in a conventional way.
In North America, $800 billion worth of inventory is returned each year, with a large amount of new merchandise going unused, resulting in millions of tons of products being thrown away each year.
Unfortunately, product waste is due to a number of conditions such as the attitude of stores regarding return policies, the hyperaccessibility of online shopping and people’s lack of awareness.
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