According to CNBC, Savers Value Village is rolling out ThriftIQ, a new artificial intelligence platform designed to help optimize pricing across its men's and women's apparel assortment and make pricing more consistent. The company said the tool has already been used in 58 pilot stores to price more than 25 million items and is expected to be deployed across more U.S. and Canadian locations through early 2028.

Savers said the platform was developed with Kaizen Analytix using its proprietary data sets and is intended to keep average prices between roughly 40% and 70% below traditional retail levels while improving worker productivity. The company also reported second-quarter total net sales of $448.2 million, up 7.4%, comparable store sales growth of 4.4%, and net income of $21.6 million, or 14 cents per share, versus $18.9 million, or 12 cents per share, a year earlier.