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Employer Quick Look

Savers Inc.

 
Retail
10,000 - 25,000 employees  |  
Overview

Our vision is to provide our customer with the best selection and shopping experience of any thrift store in the world.

With more than 250 stores in three countries, and aggressive expansion plans, Savers is the largest for-profit thrift retailer in the world. Founded in 1954, Savers has developed a differentiated and proven business model that delivers compelling economic and competitive advantages over traditional retailers. This model provides Savers’ customers with unique merchandise at extremely attractive values while concurrently providing a reliable earnings source to fund the charitable activities of numerous not-for-profit organizations (“Non-Profit Partners”).

Through our innovative “Thrift Department Store” concept, we provide our customers with fresh high quality merchandise, updated daily, in a department store environment. Savers’ stores average approximately 23,500 square feet and are clean and well lit with attractive fixtures, racking and cheerful décor. Stores are professionally merchandised with items neatly organized by department, product category, size and color. Departments for men, women, children and other merchandise categories are prominently marked to enable the entire family to easily locate their desired shopping area. Savers’ broad product offering includes apparel (with an unlimited possibility of brands) and hard goods (such as furniture, electronics, books, shoes, jewelry and one-of-a-kind vintage items), which combine to create a treasure hunt shopping experience.

Our global mission is centered on creative partnerships between three diverse industries: retail sales, non-profit organizations and recycling. We take pride in working with our community partners and in protecting the environment.

Benefits
U.S. Team Member Benefits:
  • Merchandise Discounts
  • Employee Assistance Program
  • Medical, Dental, Vision and Prescription Drug Plan
  • Life Insurance
  • Accidental Death and Dismemberment Insurance
  • Paid Holidays
  • Vacation Pay
  • Sick Pay
  • 401(k) Retirement Savings Plan
  • Profit Sharing Plan
Canadian Team Member Benefits:
  • Merchandise Discounts
  • Employee and Family Assistance Program
  • Extended Health and Dental Plan
  • Life Insurance
  • Accidental Death and Dismemberment Insurance
  • Optional Life Insurance
  • Paid Holidays
  • Vacation Pay
  • Sick Pay
  • Registered Retirement Savings Plan
  • Deferred Profit Sharing Plan
Australian Team Member Benefits
  • Merchandise Discounts
  • Sick Pay
  • Paid Holidays
  • Annual Leave
  • Long Service Leave
  • R.E.S.T. Superannuation
Career Opportunities

Savers/Value Village Thrift Stores Celebrate Fifty Years of
the Ultimate Treasure Hunt
Unique “everyone wins” business model puts charities, employees and the environment first, when it comes to second-hand


BELLEVUE, WASH. - Feb. 25, 2004 - Bargain hunting turns 50 this year, as international thrift store chain Savers, Inc., also operating as Value Village in the Pacific Northwest and Canada and Village des Valeurs in Quebec, celebrates five decades of frugal fashions and second-hand stuff.

Expanding from a single store in 1954, the privately held Bellevue, Wash.-based company, formerly known as TVI Inc., currently operates nearly 200 for-profit thrift outlets throughout the United States, Canada and Australia, employing 7,000 associates. Key to Savers’ success is their unique business model which benefits non-profit organizations by purchasing and reselling donated items, allowing customers to enjoy endless shopping adventures in search of hidden treasures. In 2003 alone, Savers sold roughly 136 million recyclable items to more than 29 million customers.

“Our business model has proven successful over the years because everyone wins,” said Tom Ellison, chief executive officer of Savers and son of company founder Bill Ellison. “Savers’ non-profit partners have a sustainable source of funding; we look after the environment by recycling goods; our retail stores provide career tracks and jobs within the community and our customers win because they find amazing bargains on our shelves every day.”

Charitable Organizations Benefit

With second-hand stores booming as everything old becomes new again, and with a solid business model to stand on, Savers plans to expand by approximately five percent in 2004, and add 50 to 70 new stores over the next five years. Under the current business model, charitable organizations solicit used clothing and household items and deliver them to Savers, who pays a bulk rate for the goods. Reusable items are then bargain priced and displayed on Savers retail floors, while items not suitable for resale – roughly half – are shipped to developing nations and fabric wholesalers for resale and recycling. In their 50 years of operation, Savers has paid more than $1 billion dollars to their charity partners, which currently consist of 120 organizations throughout the United States, Canada and Australia.

“Last year alone, Savers paid more than $130 million to our non-profit partners, and shipped 220 million pounds of reusable goods to developing countries,” said Ken Alterman, Savers newly appointed president as of January 2004. “We try our best to ensure everything salvageable is put to good use. Even clothing that is no longer suitable to wear is shredded and recycled into rags.”
Contact
Savers, Inc.
11400 SE 6th Street
Suite 220
Bellevue, WA 98004
425-462-1515