Mmastodon BusinessRetail first seen 1 d ago, last 21 min ago, peak #1
Charity shop chains in crisis as secondhand sales move online
Original: Many charity shops chains are in crisis, delivering diminishing (or in some cases no) returns to their respective charit
Charity shop chains in the UK are struggling, with many delivering diminishing or even no returns to the charities they support. Commentators attribute the crisis to the rise of online resale platforms such as eBay and Vinted, which have shifted the market for cheap secondhand items online and away from traditional high street charity shops.
Why now: The rapid growth of online secondhand marketplaces is undermining the traditional charity shop business model, prompting concern among charity supporters.
Rank over time, top of the chart is #1. 26 snapshots from 1 d ago to 21 min ago.
Evidence
- Many charity shops chains are in crisis, delivering diminishing (or in some cases no) returns to their respective charities. This crisis has been driven by the development of online platforms that have shifted the expanding market for 2/h items on-line (from EBay to Vinted). Of… · ChrisMayLA6@mastodon.me.uk · 43
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