Savers, Inc. Continues Global Growth

Savers, Inc., the international thrift store chain known locally as Value Village, announced today the company is purchasing 18 stores from Unique Thrift LLC. The acquisition strengthens Savers position as one of the world’s leading for-profit thrift retailer, bringing its total number of stores to 270 across the U.S., Canada and Australia. The addition of the Unique Thrift stores expands Savers’ presnece in Minnesota, Missouri, Colorado, and adding stores for the first time in Maryland, Virginia and Kentucky. The financial terms of the transaction were not disclosed.

Savers plans to open and additional 100 new stores in new and existing markets over the next five years. Savers, Inc. stores have a unique business model of purchasing, reselling and recycling donated items. Every location has a local nonprofit partner in its community, and each store pays its nonprofit partner for every secondhand item donated, including clothing, housewares, furniture and more. These partnerships turn otherwise unused goods into sustainable revenue that supports the nonprofits programs and services in the local community.