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Chestnut street mercantile has closed

Surplus and Salvage also known as Chestnut Street Mercantile has closed.

Posted: Mar 1, 2019 5:49 PM
Updated: Mar 1, 2019 5:57 PM

LAFAYETTE, Ind (WLFI)—A salvage shop set up to donate its profits to charity is closed.

Chestnut Street Mercantile was founded as "Surplus and Salvage" by philanthropist Don Stein. Stein started donating profits to charities ten years ago.

The YWCA of Greater Lafayette took over management of the store in 2017.

The business posted that they were closing on their Facebook page. 

The building today holds about 60,000 donated items. Stein's daughter, Lori Stein Sabol, says they'll have a three-day liquidation sale beginning next Friday.

We are going to hope that the community comes out and takes advantage of lots and lots of things," said Stein.  "If you've had a chance to walk around you've seen the thousands and thousands of different items"

Stein believes this business has helped a lot of people in the community. 

I think there was a place here for this," said Stein. "There was a need for it. Unfortunately, we couldn't just get everything to line up the right way."

Stein encourages those to continue giving to other donation centers like Goodwill and The Salvation Army. 

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