Valu Thrift will shutter its used clothing and home goods store within St. Paul’s Sun Ray Shopping Center on Saturday, the latest closure for the for-profit thrift-store chain.

The retail outlet is owned by Savers, a 300-store national chain that also operates throughout the U.S., Canada and Australia under the brand names Unique and Value Village, as well as Village des Valeurs in Quebec.

The company, which is privately held, closed stores in Bloomington and St. Anthony last year and all of its Colorado locations in 2017. It also closed five stores in the Chicago area, on top of other locations.

Workers answering the phone at the Sun Ray store at 2145 Old Hudson Road confirmed that Saturday would be the shop’s last day. A call to the company’s Bellevue, Washington headquarters was returned Monday by a public relations agency, which issued the following statement: “Just like with all other retail companies, Savers is considering the overall store footprint and after much consideration, Savers made the difficult decision to close the location as part of its ongoing review.”

In the past, Savers has blamed “market pressures” for store closings, drawing surprise and alarm that even the second-hand goods market is not immune to competition from online sales.

Buffeted by a shifting retail landscape, once-bedrock companies such as Sears, Toys ‘R Us, Kmart and Herberger’s departments stores have all declared bankruptcy and shuttered locations in recent years, though some have reopened select stores or been acquired by new owners.

In Minnesota, the thrift store chain fell afoul of Minnesota Attorney General Lori Swanson’s office, which in 2014 issued a 53-page compliance audit on Savers.

Among the audit’s findings, Savers advertised that it shared its profits with charities, but in reality gave as little as 1 percent of clothing sales to charitable nonprofits, and donated none of its profits from the sales of furniture and home goods.

The company later entered into a settlement agreement with the attorney general’s office and agreed to disclose to donors that it is a for-profit company, rather that leaving them under the impression it was a charity.

It also agreed to prominently display the actual amount it pays charities for donations, register with the attorney general’s office as a professional fundraiser, compensate charities for the sale of household goods and pay $300,000 to each of the six charities it contracted with to raise money.