Savers, Inc. Company Description
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 210 Savers, Value Village, and Village des Valeurs stores in about two dozen US states, 10 Canadian provinces, and in Melbourne, 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.
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The Company Description provides a historical perspective of Savers, Inc.'s organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Savers, Inc.'s evolution in the marketplace.
