Savers Value Village

What Savers Value Village does

Savers Value Village, operating under the legal entity TVI, Inc., is the largest for-profit thrift store chain in the United States and Canada, with 367 retail locations across brands including Savers, Value Village, Village des Valeurs, 2nd Ave Thrift, and GreenDrop, and a growing presence in Australia under Savers AU. The company sells second-hand clothing, accessories, and household goods through company-operated brick-and-mortar stores, sourcing its inventory by paying nonprofit partners for donated reusable goods funneled through Community Donation Centers — a reverse-logistics model that is the foundation of its cost advantage. The company supplements retail with a Super Savers Club loyalty program (tiered discounts of 20%/25%/30% off $30/$50/$75+), email and SMS marketing, gift cards, and the Fundrive online fundraising platform, while positioning its Thrift Proud sustainability initiative to capture environmentally conscious and higher-income shoppers whose average household income has reached ~$75,000.

The business is monetized through one-time in-store retail transactions of donated merchandise priced variably at point of sale, with promotional cadence driven by the loyalty program. Revenue is concentrated in two reporting segments — the United States and Canada — with FY2026 guided net sales of $1.76-$1.79 billion, Q4 2025 net sales of $464.67 million (+15.6% YoY), and Q1 2026 net sales of ~$403 million (+9% YoY). Q4 2025 marked the first quarter of year-over-year adjusted EBITDA growth in nearly two years at $74 million (15.9% margin), with net income of $22.4 million. Comparable store sales growth has been positive across US (8.8% Q4 2025, 6.4% Q1 2026) and Canada segments, supported by transaction and basket growth and a sales-yield improvement of 6.5%.

Savers is publicly traded on the NYSE under ticker SVV with a market capitalization of approximately $1.10 billion as of March 2026. Approximately 75% of the equity is held by private equity firm Ares Management, creating a structural overhang on the float. The company is led by CEO and Director Mark T. Walsh and is investing in U.S. store expansion (approximately 25 new units planned for FY2026, including entry into North Carolina, Tennessee, and western Pennsylvania) while navigating multiple securities-fraud investigations triggered by a Q3 FY2025 net loss of $14 million and a prior-year guidance cut.

Name

Savers Value Village

Legal name

TVI, Inc.

Website

https://savers.com

Company type

Public

Founded year

1956

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Savers Value Village is the largest for-profit thrift retailer in the United States and Canada, operating 367 stores across brands including Savers, Value Village, 2nd Ave, and GreenDrop that resell donated second-hand clothing and household goods to mass-market consumers via an in-store retail and nonprofit-partner sourcing model.

Ownership category

akta.pro rank

Product category

Thrift Retail

NAICS

Used Merchandise Retailers (459510), Used Merchandise Retailers (4595)

SIC

Retail-Apparel & Accessory Stores (5600)

akta.pro primary industry

Donation, Resale & Disposal Coordination (HSAFAAAK)

akta.pro secondary industries

Donation, Reuse & Sustainability Returns Programs (TLAIAHAJ), Donation, Resale & Textile Recycling Coordination (HSAFABAI)

Keywords

• Thrift retail stores
• Secondhand clothing retail
• Donated goods resale
• Community donation centers
• Thrift store chain

Headquarters

HQ city

Bellevue

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Retail Sales of Second-Hand Merchandise: The company generates revenue through retail sales of second-hand clothing, accessories, household goods, and other donated merchandise. The business model involves paying nonprofits for donated goods and reselling them to consumers at discounted prices. Revenue is transaction-based with customers purchasing items directly in stores.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Savers Value Village operates a chain of for-profit thrift retail stores that sell donated second-hand clothing, accessories, and household goods to consumers. The company acquires its merchandise by paying nonprofit organizations for donated reusable goods, then resells the items at discounted prices through physical storefronts under multiple regional banners. Revenue is generated through in-store consumer purchases, loyalty-driven promotional offers, gift cards, and community fundraising partnerships.

Product overview

Savers Value Village operates as a for-profit thrift retail chain with multiple regional brands (Savers, Value Village, Village des Valeurs, Savers AU) and sub-brands (2nd Ave Thrift, GreenDrop). The company sells second-hand clothing, accessories, and household goods through retail store locations, complemented by a loyalty program (Super Savers Club), gift card offerings, and an online fundraising platform (Fundrive). The business model involves paying nonprofit partners for donated goods and reselling them to consumers.

Differentiator

Problem solved

Functional benefit

Brands

• Super Savers Club: Loyalty program allowing members to earn points and rewards, enjoy exclusive email offers, and receive special perks
• Thrift Proud
• Restyle
• Rethink Reuse

Products and services

• Thrift Retail Stores (Savers, Value Village, Village des Valeurs, 2nd Ave, GreenDrop, Savers AU) For-profit thrift retail stores operating under multiple regional banners (Savers, Value Village, Village des Valeurs, 2nd Ave, GreenDrop, Savers AU), selling donated second-hand clothing, accessories, and household goods to individual consumers in physical retail locations. Stores also accept donations via on-site Community Donation Centers.
• Super Savers Club Free customer loyalty and rewards program allowing members to earn points on thrift purchases, receive exclusive email offers, and access tiered member discounts (20% off $30+, 25% off $50+, 30% off $75+) and special text-only offers at participating Savers stores.
• Fundrive Online community fundraising platform (fundrive.savers.com) enabling community groups, schools, and nonprofit organizations to raise funds by collecting donated reusable goods through Savers Value Village's donation program.
• Gift Cards Gift card program allowing customers to purchase and redeem gift cards for merchandise at Savers Value Village retail store locations.

Quantifiable outcome

• Q1 2026 net sales of $403 million, up 9% year-over-year
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Nonprofit Partners (Various)coreOthersSavers Value Village operates a unique business model where it pays nonprofit organizations for donated goods. These nonprofit partners include charitable organizations that collect donations on behalf of the company. The company is the largest for-profit thrift operator in the US and Canada, and this model has been controversial with some critics raising questions about transparency in rates paid to not-for-profit partners. This is a foundational element of the supply chain, not a traditional partnership.

Scale indicators26 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Goodwill Industries International: Largest nonprofit thrift retailer in North America with thousands of stores. Directly competes for both donated goods supply and secondhand shoppers, but operates as a 501(c)(3) mission-driven organization rather than a for-profit chain, giving Savers a structural cost-recovery advantage.
• The Salvation Army Thrift Stores: Major nonprofit thrift operator in the U.S. and Canada competing for the same donation stream and value-seeking customers as Savers. Operates as a charitable organization but is a direct substitute for consumers choosing where to donate and shop secondhand.
• The TJX Companies: Largest off-price retailer in the U.S. operating T.J. Maxx, Marshalls, and HomeGoods. Competes for value-seeking discretionary shoppers and represents the primary alternative destination if consumers shift away from secondhand in a stronger economy.

Direct peers

• Winmark Corporation: Public franchisor of resale concepts including Play It Again Sports, Once Upon A Child, Plato's Closet, and Style Encore. Comparable as a multi-brand resale operator with franchised store economics and direct competition in the secondhand apparel and accessories segment.
• thredUP: Online resale platform processing millions of secondhand apparel items annually. Competes for the same younger, sustainability-driven customer base as Savers but operates an asset-light, digital-native model rather than physical stores, creating a structural channel contrast.
• Buffalo Exchange: U.S. chain of buy-sell-trade secondhand clothing and accessories stores. Comparable store-based resale model with similar customer demographics, though smaller in scale and lacking the centralized donation supply chain of Savers.

Emerging players

• The RealReal: Online luxury consignment marketplace focused on authenticated higher-end secondhand apparel and accessories. Overlaps with Savers on aspirational, sustainability-minded shoppers but targets the affluent end of the market rather than value-priced volume thrift.
• Poshmark (Naver): Social commerce marketplace for secondhand fashion. Caters to many of the same younger demographics driving Savers' traffic growth but operates as a peer-to-peer marketplace rather than a centralized retail operator.
• Vinted: European-headquartered peer-to-peer secondhand marketplace with growing North American presence. Directly targets the same Gen Z and Millennial value-and-sustainability shoppers, but without a physical store footprint.

Others

• Patagonia (Worn Wear): Brand-operated resale and repair program serving the same sustainability-driven apparel consumer. Not a direct competitor for volume thrift, but represents the broader resale ecosystem that captures aspirational secondhand demand Savers is increasingly pursuing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/saversvvillage
• Facebookfacebook.com/savers

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Savers Value Village