Free daily briefing on global business news.
The platform has already priced more than 25 million apparel items across 58 pilot stores, with a full rollout planned through early 2028
Smith Collection / Gado / Getty Images
Savers Value Village launched ThriftIQ, a proprietary AI-powered pricing platform for its men's and women's apparel assortment, on Thursday. The company said the tool is designed to reduce manual pricing work and bring more consistency across its store network.
ThriftIQ was built alongside data science and technology consulting firm Kaizen Analytix, leveraging proprietary datasets that Savers Value Village has been accumulating for roughly two years. As of launch, the platform has processed more than 25 million apparel items across 45,000 retail brands at 58 pilot locations, and Savers Value Village said it expects that store count to double before year's end.
