New Survey from Value Village® Shows Thrifting is Gaining Momentum in Canada
Savers Value Village, Inc. (SVV)
Company Research
Source: Business Wire
From environmental considerations to the thrill of the hunt, shopping secondhand is increasingly a preferred choice for Canadian consumers TORONTO--(BUSINESS WIRE)--Today, Value Village®, the largest for-profit thrift operator in the Canada for value priced pre-owned clothing, accessories, and housewares, released its 2024 Thrift Report. Data from the report highlights how thrifting, a once niche activity, is growing into a mainstream retail choice for Canadian consumers.“Our data clearly shows that Canadians’ attitudes and interests towards thrifting is changing how people shop,” shares Nicole McPherson, Vice President of Canada Field Operations, Value Village. “With more than 40 per cent of Gen Z thrifting, we expect momentum and trends in the industry to continue. The change is driven by a number of factors including economic, environmental and social benefits.”The survey confirms that secondhand shopping is growing in popularity across all age groups and demographics, making it
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- Is There An Opportunity With Savers Value Village, Inc.'s (NYSE:SVV) 50% Undervaluation? [Yahoo! Finance]Yahoo! Finance
- Savers Value Village, Inc. Survey Shows Gaining Momentum for Thrift [Yahoo! Finance]Yahoo! Finance
- Savers Value Village, Inc. Survey Shows Gaining Momentum for ThriftBusiness Wire
- Below Expected Profits Dragged Savers Value Village (SVV) in Q2 [Yahoo! Finance]Yahoo! Finance
- Savers Value Village, Inc. Wins Three Stevie® Awards in 2024 International Business Awards® [Yahoo! Finance]Yahoo! Finance
SVV
Earnings
- 8/8/24 - In-Line
SVV
Sec Filings
- 8/9/24 - Form 10-Q
- 8/8/24 - Form 8-K
- 6/28/24 - Form 8-K
- SVV's page on the SEC website