About Savers
Company overview and description
Savers Value Village, Inc. is a leading for-profit thrift retailer that buys and resells gently used clothing, household goods, and accessories. The company was founded in 1954 in San Francisco by Bill and Mabel Jackson, starting with a single store and a straightforward mission: offer affordable, quality secondhand items while supporting local charities. That foundation has evolved into one of the largest thrift retail operations in North America and Australia, with more than 300 corporate-owned stores as of November 2025.
The company operates under multiple banners including Savers, Value Village, and Unique Thrift, and is headquartered in Bellevue, Washington. What sets Savers apart is its sourcing model. Rather than purchasing inventory through traditional wholesale channels, the company partners directly with nonprofit organizations, buying donated goods from them and reselling those items in stores. This arrangement diverts millions of pounds of textiles and household goods from landfills annually while generating a steady revenue stream for nonprofit partners to fund community programs. The model has positioned Savers as a meaningful player in the circular economy, attracting both environmentally conscious shoppers and communities seeking sustainable retail options.
Savers went public on the New York Stock Exchange under ticker SVV, a milestone that unlocked capital for expansion and operational investment. The company generated approximately 1.54 billion dollars in annual revenue in its most recent fiscal year and employs around 12,000 people. Over the past five years, Savers has accelerated new store openings with particular emphasis on U.S. and Canadian markets, while also enhancing the customer experience through technology and loyalty initiatives.
The company's store footprint is concentrated in major metropolitan and suburban markets throughout North America and Australia, with an active pipeline of new locations. Growth remains focused on regions with strong demand for value-oriented retail. For landlords and developers, Savers functions as a credible, scalable anchor tenant with a demonstrated ability to drive consistent foot traffic and support community engagement in the markets it serves.
Company Information
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Contact Information
Corporate Address
Bellevue, WA 98004
United States
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Business Type
Accessories & Handbags
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