Savers Value Village Inc. (SVV)

Overview

Savers Value Village, Inc., originally known as S-Evergreen Holding LLC before its name change in January 2022, stands as a prominent retailer of second-hand merchandise. Founded in 1954 and headquartered in Bellevue, Washington, the company has expanded its footprint across the United States, Canada, and Australia. It operates a variety of store brands including Savers, Value Village, Value Village Boutique, Village des Valeurs, Unique, and 2nd Avenue. The company has built a unique business model centered around purchasing secondhand goods from non-profit partners, thereby not only contributing to the sustainability cause by encouraging the recycling and reuse of goods but also supporting charitable organizations.

Products and Services

• Secondhand Textiles:

  This includes a wide range of clothing, bedding, and bath items. These products are sourced from non-profit partners, processed for quality, and then sold in stores. The spectrum of textiles allows shoppers to find unique items while contributing to a more sustainable consumption model.

• Shoes:

  Shoes of various styles, sizes, and for different age groups are available. By purchasing second-hand shoes, customers not only save money but also play a part in reducing environmental waste.

• Accessories:

  This category covers a broad selection of items including belts, hats, jewelry, and more, catering to a diverse customer base looking for affordable fashion options.

• Housewares:

  The range of second-hand housewares includes kitchen items, decorative pieces, and small appliances, offering a sustainable alternative to buying new for consumers looking to outfit their homes on a budget.

• Books:

  From novels and biographies to cookbooks and children’s stories, a variety of genres are available for readers of all ages. This not only promotes literacy but also supports the idea of reusing and recycling books.

• Other Goods:

  These include items that do not neatly fit into the other categories but are nonetheless essential to offering a comprehensive shopping experience. Examples might range from electronic gadgets to sports equipment, all second-hand, providing a wide array of options to customers.

The company serves both retail and wholesale customers, thereby broadening its market presence and impact. Through its detailed processing and merchandising practices, Savers Value Village, Inc. ensures that all items put up for sale meet a certain standard of quality, making second-hand shopping a reliable and appealing option for a wide demographic.