ThriftIQ

  • Savers Value Village Embraces AI for Smarter Pricing

    Savers is revolutionizing thrift retail with ThriftIQ, an AI-powered pricing platform. Deployed in 58 pilot stores, it has priced over 25 million items, leading to improved sales, larger baskets, and enhanced profitability. Unlike dynamic pricing, ThriftIQ offers consistent, predictable pricing, keeping items 40-70% below traditional retail. This digital transformation, a partnership with Kaizen Analytix, aims to modernize operations and augment associate productivity across all U.S. and Canadian stores by 2028, capitalizing on the booming secondhand market.

    2 hours ago