Savers Value Village, Inc. Common Stock (SVV)

Competitors to Savers Value Village, Inc. Common Stock (SVV)

Goodwill Industries International, Inc.

Goodwill Industries operates a network of nonprofit organizations that provide job training and employment placement services, funding their mission through the sale of donated goods in retail stores. This model closely resembles that of Savers Value Village, which sells second-hand clothing and household items. Both organizations emphasize sustainable consumption and community support, which attracts customers who value social responsibility. However, Goodwill's longstanding brand recognition and established community ties position it as a stronger player in the nonprofit sector for thrift retail, granting it a competitive advantage.

Plato's Closet

Plato's Closet operates a resale franchise model that focuses on gently used clothing aimed primarily at a younger, fashion-conscious demographic. They compete with Savers Value Village by offering a curated selection of trendy second-hand items, appealing to consumers wanting high-quality styles without the retail markup. Plato's Closet has a competitive advantage due to its brand positioning as a trendy resale destination, which attracts a specific, youth-oriented market significantly different from Savers' broader target audience.

The Salvation Army Thrift Stores

The Salvation Army Thrift Stores are part of a larger nonprofit organization that offers various social services. They compete directly with Savers Value Village by selling donated items through their thrift stores, also supporting community initiatives and programs. While both organizations attract similar customer bases seeking affordable apparel and home goods, The Salvation Army has a significant advantage through its extensive network of charitable services and a strong brand image associated with community support and outreach, appealing to shoppers' values.

ThredUp Inc. 

ThredUp is an online consignment and thrift shop specializing in second-hand clothing, particularly for women and children. This platform offers a tech-enabled shopping experience that appeals to the digital-savvy consumer and focuses on the convenience of online shopping versus in-store browsing at Savers Value Village. While Savers emphasizes the physical retail experience and community outreach, ThredUp's innovative technology and automation system create a streamlined shopping process, giving it a competitive edge in the e-commerce space.