Recession is 'benefiting charity shops'
Charities
28th May 2009
Charity shops in Britain are benefiting from the recession and a growing trend for consumers to "trade down", an expert has claimed.
According to David Moir, head of policy and public affairs at the Association of Charity Shops, Britons are looking to save money in the current economic climate and stores are witnessing "an increase in footfall and sales as people trade down to good quality second hand goods".
Mr Moir advised customers to "treat charity shops as another of the wonderful retail experiences you can have", as they can often provide the type of product "you might not find elsewhere".
A recent poll conducted by YouGov suggested that 13 per cent of people in the UK are now purchasing more items from charity shops and around one in ten are buying more from them than they did before the recession.
Two-thirds of consumers (66 per cent) cite support for the charity as their main reason for using shops, while low prices (47 per cent) and value for money (44 per cent) were also given as factors.
For more information on how Giles can help you insure your charity, Click here.
