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Bullboard - Stock Discussion Forum
Savers Value Village Inc
SVV
Savers Value Village, Inc., together with its subsidiaries, sells second-hand merchandise in retail stores located in the United States (U.S.), Canada and Australia. Its segments include U.S. Retail and Canada Retail. It provides low-priced merchandise ranging from clothing to home goods in a treasure-hunt shopping environment. It purchases secondhand textiles, shoes, accessories, housewares...
, books and other goods from its non-profit partners, either directly from them or via on-site donations at Community Donation Centers at its stores and through GreenDrop locations. It then processes, selects, put price, merchandise and sells these items in its stores. The items that are not sold to its retail customers are marketed to wholesale customers, who reuse or repurpose the items they purchase from the Company. It operates over 326 stores under the Savers, Value Village, Village des Valeurs, Unique and 2nd Ave. banners. It also owns a thrift store chain with seven locations in Georgia.
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Bullboard (NYSE:SVV)
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Walletbuy9
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Walletbuy9
on Sep 25, 2023 12:25pm
Savers SVV high labour costs
Savers high labour costs hold iit down and limit it's profit margin . Plus high debt . The company is doing better in Canada but he struggles with higher labour costs in Canada . Mark Walsh
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