Savers Value Village Inc. is a publicly held, for-profit thrift store retailer headquartered in Bellevue, Washington, United States, offering second hand merchandise, with supermajority ownership by private equity firm Ares Management.
[1] An international company, Savers has more than 315 locations throughout the United States of America, Canada, and Australia, and receives its merchandise by paying money to non-profit organizations for donated clothing and household items.
[12] In March 2019, Savers reached a restructuring agreement to hand ownership of the company over to private equity firms Ares Management and Crescent Capital Group.
[14][1] In May 2015, the Minnesota Attorney General filed suit[15] claiming that Savers was misleading the public, paying only a very small percentage to the non-profit charities which partner with the company.
[19] Subsequently, King County Superior Court Judge David Whedbee ruled that the state of Washington had to pay the corporation's legal expenses due to the Attorney General's Office's aggressive litigation.
[20][21] In October 2019, a man reported getting a needlestick injury when he tried on a boot at a Value Village (in New Westminster, British Columbia, Canada) and was told he would need blood tests including for HIV and hepatitis.