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Stock impact report

Savers Value Village, Inc. Survey Shows Gaining Momentum for Thrift

Savers Value Village, Inc. (SVV) 
Company Research Source: Business Wire
New Survey Data Highlights Key Reasons Thrift is Thriving BELLEVUE, Wash.--(BUSINESS WIRE)--Savers Value Village, Inc. (NYSE: SVV), the largest for-profit thrift operator in North America for value priced pre-owned clothing, accessories, and housewares, today released its 2024 Thrift Report to provide insight into the state of secondhand in the U.S. and Canada.The survey confirms that secondhand shopping continues to grow in popularity across age groups and demographics, making it clear that thrift is reshaping the retail landscape and changing how people shop.Nearly 90% of North American consumers have engaged with a thrift store through shopping, donating, or both (up from 83% in 2022); nearly 1 in 3 have thrifted in the past year alone, and more than 40% of Gen Z are thrifters.In-person thrift store experiences continue to dominate. Secondhand shoppers report spending 4.5 times more at brick-and-mortar thrift stores compared to online resale. 77¢ of every dollar they spend on pr Show less Read more
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