In the latest Quarterly Market Analysis Report published by the Charity Retail Association today (1 December 2017), the period for July to September 2017 saw strong sales indicators, which included a 5.7 per cent like for like income growth, plus 80 per cent of report respondents saw positive growth in donated goods sales.
Additionally, between Q3 2016 and Q3 2017, income from electrical goods and menswear saw high growth, up by 17.7 per cent and 15.9 per cent respectively. The growth in menswear sales underline that despite perception in some quarters, visits to charity shops are not confined largely to women and this trend is welcomed.
Income from recyclers to charity shops also grew strongly, with a 22 per cent year on year increase. However, sales of furniture in general charity shops decreased by 1.4 per cent.
CEO of the Charity Retail Association, Robin Osterley, said: “These figures represent a welcome boost and are in line with the recent ONS report on retail sales, which indicated a strong overall performance from our sector. Despite the difficult retailing climate, charity shops continue to meet the needs of people up and down the country.
“We are also heartened that income has risen substantially from goods sold on to recyclers but cannot take these price points for granted.”
This report can be accessed in full via the members’ section of this website.