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FrontRow · Aug 9, 2026

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Savers Value Village is launching a new platform leveraging artificial intelligence to help optimize product pricing, the company told CNBC exclusively, as the tricky-to-price thrift segment gains traction around the world. The new platform, called ThriftIQ, uses AI to reduce the work needed to price items across the men’s and women’s apparel assortment and bring more consistency. “We’re getting clear sell-throughs, larger baskets, it’s helping our new stores ramp more favorably, and obviously there is the profitability improvements,” CEO Mark Walsh told CNBC. The tool has already been deployed in 58 pilot stores, according to the company, pricing more than 25 million items. That number is expected to double by the end of the year, Walsh added.

Savers Value Village is launching a new platform leveraging artificial intelligence to help optimize product pricing, the company told CNBC exclusively, as the tricky-to-price thrift segment gains traction around the world. The new platform, called ThriftIQ, uses AI to reduce the work needed to price items across the men’s and women’s apparel assortment and bring more consistency. “We’re getting clear sell-throughs, larger baskets, it’s helping our new stores ramp more favorably, and obviously there is the profitability improvements,” CEO Mark Walsh told CNBC. The tool has already been deployed in 58 pilot stores, according to the company, pricing more than 25 million items. That number is expected to double by the end of the year, Walsh added.

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