BHF - Our shops thrive as 1 in 2 people admit to shopping in charity shops more often

2 May 2012 09:36 AM

BHF - Our shops are pleased to announce a record breaking year this year (2011-2012) as like-for-like sales rise by 3.1% - generating a profit of over £31 million.This success is a £5 million rise on the previous year (2010-2011) making it the charity’s most profitable year to date.

Our shops attribute their strong performance to the current economic climate and an ambitious expansion plan which has seen a 5% growth in the charity’s retail arm this year, making us the largest charity retailer.

Research released highlights that nearly half (44%) of people are now shopping in charity shops more, compared to a few years ago (1). One in two people (53%) attribute this to the great quality items they find at low prices, with one in three (43%) believing charity shops fit their budget at the moment.

Worryingly, 39% of people are currently unsure about what to donate to charity shops

Today, our shops main concern is keeping up with demand. Worryingly, 39% of people are currently unsure about what to donate to charity shops with two thirds of people (70%) concerned their items might not be good enough quality.

BHF Retail Director, Mike Lucas, comments: “Our shops are proving a popular choice for shoppers keen to buy good quality items at low prices. The recession has seen our sales grow – giving us the confidence to further extend our nationwide network of Shops and Furniture & Electrical Stores.

“After identifying that more people are shopping in charity shops but not necessarily feeling confident about donating, we want to send out a strong message that our shops love the things you bring. Donations are vital to the success of our Stores - we’re keen to receive all saleable donations to help us continue our life saving work”.