EconomyProfits at UK charity shops fall amid changes in secondhand clothing market

Profits at prominent UK charity retailers are under pressure from online resale platforms, costs and lower-quality donations. Oxfam’s retail profit fell 23% to £4.9m, while the British Heart Foundation plans to close 150 loss-making shops over two years. UK spending on secondhand clothing has nevertheless quadrupled in a decade to £8.8bn annually.

charity shopssecondhand clothingOxfamretail profits

TThe Guardian★★☆☆☆2026-10-31 14:43Original