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 > Summary of the Arrangement

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Comment by woody999on Jun 19, 2023 11:43pm

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Post# 35504475

RE:RE:Summary of the Arrangement

Generally speaking these deals are done because CEO's and cfos, etc. get seats on the board of the buyers company. They get huge golden handshakes as well. Just look at the side deals they made with Copper Mtn mining last month. They make substantially more $$$$$ if they push for a sale. They could care less about minority shareholders. JMHO

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