By Mike Hazlip—
A new store for bargain hunters is slated to open in January to fill the remaining space in a long-vacant building at 6422 Tupelo Drive.
Falling Prices, which has eight locations in the region, has differing merchandise each week. Items start at $6 pricing on Tuesdays, then fall to $4 on Wednesdays, and then drop to $2 on Thursdays, before dropping to $1 on Fridays and then 25 cents for anything left on Saturdays, according to the company’s website.
“We never know what will be in the stores each Tuesday, it could be electronics, small appliances, food, baby items, pet supply, automotive, office supplies, home goods, paper products, cleaning supplies, small furniture, the list goes on and on,” the company says online.
The location at 6422 Tupelo Drive is also home to BidRL.com, which opened in October. Business owners Andrey and Nina Sprikha currently operate the BidRL.com location, and the family also plans to operate the Falling Prices location.
While BidRL.com relies on an online bidding model where the price increases with each bid, Falling Prices lists items at a starting price that continually drops until the item sells.
Nina Sprikha told The Sentinel Wednesday that business has been steady. Sprikha said the business saw between 150 to 200 people Wednesday. Their slowest day since opening saw about 75 customers come through the doors, she said.
Falling Prices and BidRL.com are both channels of Sacramento-based RL Liquidators, which also operates “That’s Cheap!” discount stores.
RL Liquidators was founded in 2006 by Ryan Babineau and Larry Morgan, according to the company’s website. Their business model relies on returned items from Amazon and other large retailers for their stock. Customers bid on items displayed on the BidRL website and pick them up at a warehouse. Payment can be made online or at the pick-up location.
