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Savers Value Village rolls out AI tool to price thrift items

Savers Value Village logoSavers Value Village
Sig3.25Sen+4.15Env0.00Soc+3.30Gov+1.25

The AI pricing tool ThriftIQ has been deployed in 58 pilot Savers Value Village stores, pricing more than 25 million items, with plans to double that by year-end. Developed with Kaizen Analytix using Savers’ proprietary data, it aims for more predictable pricing while keeping average prices about 40% to 70% below traditional retail. Savers also reported Q2 net sales of $448.2 million, up 7.4%, and net income of $21.6 million.

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