Savers Value Village Inc V.SVV

Primary Symbol: SVV

Consumer Cyclical Specialty Retail

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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Savers Value Village Inc

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Comment by stillbobon Jun 09, 2016 1:41am

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Post# 24949350

RE:Time to disengage

Willard, if you want out I can't blame you.

If you've read my previous posts here you know that I've disparaged the management quite extensively.

I owned Rockcliff in its previous incarnation and certainly wasn't impressed with the management.

Now that they've SUCKED all the money out of a stock that I actually liked, Solvista, I'm stuck with Rockcliff again. And I've lost the Solvista properties that I really liked. And they've seriously diluted my shares.

Writing this post is making me think that maybe disengagement isn't a bad idea.

I think I need to think about this some more...

Bob

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