The Loot Company Plans Brewer Location This Fall

It's been months since the Marden's company moved from the well-known and well-loved location on Wilson Street in Brewer to Springer Drive in Bangor, leaving the old building sitting vacant.

Many have wondered what might go into its place, with several speculating larger national companies were eyeing the spot.

In August, it was revealed that Maine real-estate investor, Larry Springer, had purchased the property, but little was known about what he was going to do with in, until now.

It looks like plans are in the works for more bargains to come to Eastern Maine by way of the Pittsfield-based "The Loot Company" which the Better Business Bureau classifies as a discount store, with physical locations both in Pittsfield and Augusta.

According to their Facebook Page, The Loot Company is considered a regional liquidator, selling overstocked, returned or clearance items, like electronics, small appliances and clothing.

"Prices drop progressively throughout the week—starting at $10 on Saturday and going down to $0.50 by Thursday."

As they put it "Here at Loot we know everyone likes a to hunt for good deals. Come hunt the bins for the best deals."

A sentiment that those who used to mill about the Wilson Street building when it was Marden's are sure to find familiar.

City officials with the Brewer Code Enforcement office say they have spoken with the company, and are waiting on applications for a certificate of occupancy and some other building permits to be submitted.

We're told the company plans a similar set up for the Brewer location as they have in their two other spots in Central Maine and hopes, barring any major issues or complications, to open up sometime around Thanksgiving of this year.