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                              June 2, 2022

       Mark Walsh
       Chief Executive Officer
       S-Evergreen Holding LLC
       11400 S.E. 6th Street, Suite 125
       Bellevue, WA 98004

                                                        Re: Savers Value
Village, Inc.
                                                            Amendment No. 2 to
Registration Statement on Form S-1
                                                            Filed May 5, 2022
                                                            File No. 333-261850

       Dear Mr. Walsh:

             We have reviewed your amended registration statement and have the
following
       comments. In some of our comments, we may ask you to provide us with
information so we
       may better understand your disclosure.

              Please respond to this letter by amending your registration
statement and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your registration statement and
the information you
       provide in response to these comments, we may have additional comments.
Unless we note
       otherwise, our references to prior comments are to comments in our
January 20, 2022 letter.

       Amendment No. 2 to Registration Statement on Form S-1 filed May 5, 2022

       Our Impact Graphics, page iv

   1.                                                   In the graphic headed
"Our Impact" that precedes "A Letter From Our Chief Executive
                                                        Officer," please
include the comparable GAAP measure to "Adjusted EBITDA" presented
                                                        therein.
       Risk Factors, page 30

   2.                                                   We note your risk
factors on pages 31, 32, and 33 indicating that inflation could affect the
                                                        price you pay for
secondhand items; cost of labor; and supply and demand for your
                                                        products. Please update
this risk factor if recent inflationary pressures have materially
                                                        impacted your
operations. In this regard, identify the types of inflationary pressures you
 Mark Walsh
S-Evergreen Holding LLC
June 2, 2022
Page 2
         are facing and how your business has been affected. Please also update
your disclosure to
         identify actions planned or taken, if any, to mitigate inflationary
pressures.
We note your risk factor disclosure on page 45 that your supply chain could be
impacted by the
occurrence of one or more natural disasters , page 45

3.       We note your risk factor disclosure on page 45 that your supply chain
could be impacted
         by the    occurrence of one or more natural disasters such as fires,
hurricanes, tornados,
         tsunamis, floods and earthquakes, geo-political events or terrorist or
military activities
         disrupting transportation, communication or utility systems (such as
the ongoing military
         conflict between Russia and Ukraine) or other highly disruptive
events, such as nuclear
         accidents, public health epidemics or pandemics (such as the ongoing
COVID-19
         outbreak), unusual weather conditions or cyberattacks, could adversely
affect our
         operations and financial performance.    Update your risks
characterized as potential if
         recent supply chain disruptions have impacted your operations.
Management's Discussion and Analysis of Financial Condition and Results of
Operations
Key Business Metrics and Non-GAAP Financial Measures
Non-GAAP measures, page 99

4.       Please include here the comparable GAAP measures so as to not cause
undue prominence
         to the non-GAAP measures presented, or locate the non-GAAP measures
after discussion
         of the GAAP results. Refer to Question 102.10 in the staff's
Compliance and Disclosure
         Interpretations "Non-GAAP Financial Measures."
Supply and Processing , page 130

5.     Please discuss whether supply chain disruptions materially affect your
outlook or business
       goals. Specify whether these challenges have materially impacted your
results of
FirstName LastNameMark Walsh
       operations or capital resources and quantify, to the extent possible,
how your sales, profits
Comapany    NameS-Evergreen
       and/or                   Holding
               liquidity have been      LLC In this regard, we note that "OSDs
are the largest
                                   impacted.
June 2,part
        2022ofPage
               [y]our
                    2 supply mix" and that "OSD volume is primarily driven by
convenience."
FirstName LastName
 Mark Walsh
FirstName  LastNameMark
S-Evergreen  Holding LLC Walsh
Comapany
June 2, 2022NameS-Evergreen Holding LLC
June 2,
Page 3 2022 Page 3
FirstName LastName
       You may contact Tatanisha Meadows at 202-551-3322 or Doug Jones at
202-551-3309 if
you have questions regarding comments on the financial statements and related
matters. Please
contact Jennie Beysolow at 202-551-8108 or Jennifer L  pez Molina at
202-551-3792 with any
other questions.




                                                         Sincerely,

                                                         Division of
Corporation Finance
                                                         Office of Trade &
Services
cc:      Lawrence G. Wee