Savers runs thrift stores that buy donated goods from nonprofit partners and sell them in retail locations, using profits to support charities. Donated items are collected by nonprofits, bought by Savers in bulk, then sorted and priced for sale, creating a steady revenue stream for partners and a large supply of secondhand items for customers. The company differentiates itself through a multinational footprint, formal nonprofit partnerships, and regionally recognized brands like Value Village, with growth fueled by acquisitions and a public listing. Its goal is to expand the reach of its secondhand model, deepen ties with nonprofit partners, and build long-term value by growing store networks and maintaining liquidity from its public markets.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Bellevue, Washington
Founded
1954
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