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 > Sellers lining up to sell...................

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Comment by Martybosson Jan 23, 2023 6:33pm

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Post# 35240985

RE:Sellers lining up to sell...................

Management have given shareholders absolutely nothing to be optimistic about no press releases to update shareholders nothing, With over 320,000 shares out I would imagine that there is fear of a reverse split coming and that would be a worse case senario for all shareholders conerned, could be why sellers are lining up right now.

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