MikeTrendsTrends right now

Mmastodon BusinessRetail first seen 1 d ago, last 32 min ago, peak #1

Charity shop chains face crisis as online resale platforms take over

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 no returns to the charities they support. The rise of online resale platforms such as eBay and Vinted has shifted the market for cheap second-hand goods online, undermining the shops' traditional business model and prompting debate about how charities should adapt.

Why now: Concerns that online second-hand marketplaces are undermining the charity shop retail model

VintedeBayUK charity shops

Open on mastodon →

Rank over time, top of the chart is #1. 18 snapshots from 23 h ago to 32 min ago.

Evidence

API: https://socialmediatrends-api.osmike.com/v1/trends/4363736