Ownership Insights- Unveiling the Powerhouse Behind Value Village Stores in Canada

Who owns Value Village Stores in Canada? This question is often asked by shoppers and business enthusiasts alike, as Value Village has become a well-known and beloved retail chain across the country. In this article, we will delve into the history, ownership, and impact of Value Village Stores in Canada.

Value Village Stores, a chain of second-hand clothing and home goods stores, was founded in 1983 in Edmonton, Alberta. The company was initially known as “Value Village” and was a part of the “Value Village Thrift Stores” group. Over the years, the company has expanded to over 130 locations across Canada, including provinces such as British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia, and Newfoundland and Labrador.

In 2005, Value Village Stores became a part of Savers Inc., a leading North American thrift retailer with over 2,700 locations in the United States and Canada. Savers Inc. is known for its extensive selection of second-hand clothing, furniture, and home goods, and operates under several brand names, including Savers, Value Village, and Unique Thrift. As a result of this acquisition, Value Village Stores in Canada are now owned by Savers Inc.

Savers Inc. is a publicly-traded company listed on the NASDAQ stock exchange under the ticker symbol “BEKE.” The company was founded in 1976 and has since grown to become one of the largest thrift retailers in North America. Savers Inc. is committed to sustainability and social responsibility, as it helps to reduce waste by providing a market for gently used goods and supporting local communities through its donation programs.

The ownership of Value Village Stores in Canada by Savers Inc. has had a significant impact on the company’s growth and success. The partnership has allowed Value Village to leverage the resources and expertise of a larger, more established retailer, which has helped to improve its operations, expand its product offerings, and enhance its customer experience.

In conclusion, Value Village Stores in Canada are owned by Savers Inc., a leading North American thrift retailer. The partnership has enabled Value Village to thrive and become a beloved retail chain across the country, while also promoting sustainability and social responsibility. As shoppers continue to seek affordable, high-quality second-hand goods, Value Village Stores will undoubtedly remain a popular destination for years to come.