Arc Thrift Stores is opening its first outlet store in Denver, Colorado, featuring a model where goods are sold by the pound [1, 2].
The move signals a shift in the retailer's strategy to capture the growing market for "bin store" shopping. This format typically attracts resellers and bargain hunters who seek high-volume purchases at lower costs than traditional thrift retail.
The new outlet will be located at Alameda Avenue and South Hooker Street [1, 2]. This specific site marks the first time the organization has implemented a dedicated outlet format within its operational model [1, 2].
Unlike standard thrift stores that price items individually, the outlet will utilize large bins. Customers will browse through these containers and pay for their selections based on the total weight of the items [1, 2].
The expansion aims to diversify how the organization processes its inventory. By offering a by-the-pound pricing structure, the retailer can move larger volumes of merchandise more quickly than in its traditional storefronts [1, 2].
This development follows a broader trend in the U.S. thrift industry where warehouse-style outlets have become popular. These stores often serve as a secondary tier for items that do not meet the criteria for curated retail shelves, but still hold value for consumers [1, 2].
Arc Thrift Stores has not released a specific opening date for the Alameda Avenue location, but the project is currently underway [1, 2].
“Arc Thrift Stores is opening its first-ever outlet store in Denver”
The transition to a by-the-pound model suggests that Arc Thrift Stores is adapting to the rise of the 'resale economy.' By introducing a bin-style outlet, the company can reduce the labor costs associated with individual item pricing while appealing to a demographic of professional flippers and budget-conscious shoppers who prefer bulk sourcing.
