Savers is a national thrift store retailer offering second hand merchandise, and they are coming to two large empty storefronts in Cherry Hill and Voorhees.
At Savers, while the final sale to consumers is “for profit”, they products sold are acquired by non-profit partnerships… and Savers pays the non-profits for their donated goods.
It’s a positive business model which raises funds for non-profits, saves hundreds of millions of pounds of products from heading to the landfills… and offers amazing deals to consumers.
Their social media photos promotes a designer-like product mix of fashion and home decor.. and obviously at amazing prices!
Savers also owns the 2nd Ave Thrift Superstore and has a location in Pennsauken at the Airport Circle.
Savers – Cherry Hill
The Cherry Hill location is in the Plaza at Cherry Hill which is located next to the Cherry Hill Mall. The specific unit is a a prime end location of 25,000 square feet, located next to the brand new and expanded Total Wine Store. Other tenants in the center include Sam Ash, Guitar Center, Aldi, and Raymour and Flanigan.
In my visit today to Cherry Hill it did not appear that any construction activity was taking place yet at the upcoming location.
Savers – Voorhees
The new Voorhees location is planned for the Cedar Hill Shopping center on Rt 73.
That center is comprised of multiple buildings including Lowe’s Home improvement, BJ warehouse club and a multi-unit building where the popular Dooney’s Pub is located.
The specific unit for the upcoming Voorhees Savers store is the former AC Moore unit which is a 22,000 square feet of space. It is part of the multi-unit building at the opposite end of from Dooney’s.
The Voorhees Savers store went through the full Planning Board process over the summer and was approved.
Savers – Helping Non-Profits and Recycling
Savers is a large thrift retailer of over 315 stores, and their stock is traded publicly on the New York Stock exchange. Company total sales are approaching $1.5 billion (2022).
Their business model involves partnering with local nonprofits who collect goods, Savers purchases goods from the non-profits, and then Savers resells suitable items to consumers at steep discounts.
The money that nonprofits raise by bringing donated items to savers can be used to support efforts and programs within the area communities.
The savers website says that their business model and other recycling and reuse programs keeps on average 700 million pounds of reusable items out of area landfills every year!
It’s a business model that is very tough to find fault with!
First, for the Cherry Hill and Voorhees stores they are reusing existing store properties which have been closed for several years or longer. They are not tearing down trees to develop a new buildings!
Secondly they work with nonprofits and pay them for their donations. Savers even has programs to help nonprofits start their own donation and fundraising programs.
Then these one-of-a-kind finds are giving a second chance to be loved again, when they are put up for sale at your local savers location… where shoppers can purchase at very strong discounts!And through all of this, Savers is keeping 700 million pounds of things out of the landfill!
As mentioned, non-profits collect and deliver donated goods to Savers, and Savers pays for the items at a bulk rate to the non-profit.
From the savers website, items that they typically accept are:
- backpacks and purses
- bed and bath items
- books and media
- clothing and shoes
- exercise and sporting goods
- games and toys
- small appliances
- small furniture
They also offer a list of things that are not accepted such as television and computer monitors, construction material, mattresses, infant products etc
The best way to understand their donation programs and what is acceptable items is to take a look at their website.
Links and Locations
Savers – Thrift Store Cherry Hill (Coming Soon)
Plaza at Cherry Hill
2100 Route 38
Cherry Hill, NJ 08002
Savers – Thrift Store Voorhees (Coming Soon)
Cedar Hill Shipping Center
142-178 Route 73
Voorhees, NJ 08043