Michael Nagle | Xinhua News Agency | Getty ImagesDo you believe a serious recession is imminent?
They run 317 thrift stores under various brands in the U.S., Canada and Australia.
That is a very respectably sized IPO, and is a sign that IPO market is (slowly) starting to reopen.
Yes, Savers Value Village has a compelling story on its own, but for all those who believe in the "imminent serious recession" story, this would seem to be the IPO for them.
If the U.S. goes into a serious recession, what would benefit more than thrift stores?
Persons:
Michael Nagle, You've, It's
Organizations:
New York Stock Exchange, Xinhua News Agency, Getty, Donation Centers, Walmart
Locations:
New York, United States, U.S, Canada, Australia