Savers, Inc. · Bellevue, WA United States
Company Description
View Savers, Inc. Locations On A US Map
This link will open in a new window
This link will open in a new window Being thrifty is not just a nifty virtue that was advocated by Ben Franklin. Savers depends on thrifty people to make its business a financial success. The resale giant is the world's largest for-profit thrift store chain. It operates more than 215 Savers, Value Village, and Village des Valeurs stores in about two dozen US states, 10 Canadian provinces, and Australia. The company's retail outlets sell everything from designer and vintage clothing to unique home decor, electronics, hardcover and paperback books, and toys. Savers also partners with 120 charity offices. Freeman Spogli & Co acquired Savers from its former owner Berkshire Partners LLC for about $550 million in mid-2006. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key Savers, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Employees | 10,000 |
Savers, Inc. Executives
8 executives listed for Savers, Inc.'s Bellevue, WA location.
| Title | Name & Bio | Contact |
| Chairman | Thomas Ellison | Network |
| President and CEO | Ken Alterman | Network |
| SVP Store Operations | Kathie Lindemann | Network |
Competition
Competitive Landscape for Savers, Inc.
Demographics and small business growth drive demand, and spending in warehouse clubs generally resists economic cycles. The profitability of individual companies depends on high volume sales, low-cost purchasing, and efficient distribution. Large chains dominate the market due to advantages in purchasing, distribution, and finance. Average annual revenue per employee is about $304,000. Warehouse clubs have grown rapidly. Industry sales increased at an annual average rate of 35 percent between 1998 and 2008, compared to 16 percent for all general merchandise stores. The number of warehouse club stores more than doubled between 1998 and 2008, with expansion coming at the expense of grocery stores and department stores. Warehouse clubs differ from superstores by requiring a membership to shop. Superstores typically offer a wide range of products, while warehouse clubs offer a limited selection. Both types of retailers sell products across many categories including food, and both compete with grocery stores, mass merchandisers, department stores, drugstores, specialty retailers, and wholesalers. Some retailers, such as Wal-Mart, operate warehouse and superstores as well as traditional discount stores. To read the full description, subscribe now.Top Savers, Inc. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!