Treasure Hunt Liquidators to open a second store


Raleigh’s Treasure Hunt Liquidators — a bargain-bin store selling high-end products for $10 or less — will soon open a second location to meet skyrocketing demand.

Treasure Hunt opened its 10,000-square-foot, flagship store at 4522 Capital Boulevard about 14 months ago. The sprawling space features dozens of waist-high receptacles stacked high with popular goods such as name-brand AirPods, drones, vacuums, computer parts, 3D printers and designer clothes.

The store conveys cavernous discounts to its customers by purchasing liquidated inventory in bulk. Big boxes from Amazon, Target, Walmart and other stores arrive each week with a medley of contents.

“We get these amazing deals because it’s never sure what might come,” George Milano, Treasure Hunt’s owner, said in an interview. “But there are steals to be found if people look for them.”

Lines of eager shoppers outside Treasure Hunt’s Raleigh store have sometimes turned the block.

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Shoppers line up outside Treasure Hunt Liquidators Friday, Jan. 14, 2022 in Raleigh. he 4,000-square-foot space features bargain bins that refill each Friday offering products from retailers like Target, Best Buy and Amazon returns. Travis Long [email protected]

Such demand prompted Milano to seek a second location.

“We felt like the space we were in needed to be a little bigger for the operation that we really wanted, to really meet our full potential,” he said. “There have been multiple programs and truckloads that I can’t bring into this Raleigh location just because of our size.”

The new store, an hour’s drive east of downtown Raleigh at 1318 West Grantham Street in Goldsboro, is about 30,000 square feet. Interior construction is nearly complete, Milano said, and a grand opening is planned for April 15.

“We’re going to go all out with a lot of free food and music and really cool giveaways,” Milano said. “I thought maybe we’ll give away a TV, a bunch of kitchen products, Instant Pots, air fryers and an iPad.”

Goldsboro’s Treasure Hunt will feature a pricing model similar to Raleigh’s. The store will unveil new shipments each Friday. Any products shoppers find in a bin will cost only $10. As inventory dwindles over subsequent days, prices will drop.

“We’re going to look out for the community and keep the good deals coming,” Milano said. “They’re going to love it.”

This story was originally published March 26, 2022 4:18 PM.

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Lars Dolder is a business reporter at The News & Observer. He covers retail, technology and innovation.





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