Share

BHF shops make biggest profit yet

BHF shops make biggest profit yet
News

BHF shops make biggest profit yet

Fundraising | Kirsty Weakley | 1 May 2012

British Heart Foundation has today revealed that its charity shops division had its most successful year to date by making a profit of £31m in 2011-2012.

This is an increase of £5m on 2010-2011 and a 3.1 per cent increase in like for like sales.

BHF says the reason for its shops success is a combination of the current economic climate and its shop expansion plan which has seen a 5 per cent growth in the last year.

Retail director Mike Lucas said: “Our shops are proving a popular choice for shoppers keen to buy good quality items at low prices. The recession has seen our sales grow – giving us the confidence to further extend our nationwide network of BHF shops and furniture and electrical stores.”

The retail arm now has more than 700 shops and 140 furniture and electrical stores around the UK.

BHF topped the 2011 Charity Shops Survey with a turnover of just over £133m and opened its 700th shop in December 2011. In February it announced that it had had its most successful Christmas yet with its sales figures increased by nearly one-fifth.



 

 

Comments

[Cancel] | Reply to:

Close »

Community Standards

The civilsociety.co.uk community and comments board is intended as a platform for informed and civilised debate.

We hope to encourage a broad range of views, however, there are standards that we expect commentators to uphold. We reserve the right to delete or amend any comments that do not adhere to these standards.

We welcome:

  • Robust but respectful debate
  • Strongly held opinions
  • Intelligent relevant discussion
  • The sharing of relevant experiences
  • New participants

We will not publish:

  • Rude, threatening, offensive, obscene or abusive language, or links to such material
  • Links to commercial organisations or spam postings. The comments board is not an advertising platform
  • The posting of contact details for yourself or others
  • Comments intended for malicious purpose or mindless abuse
  • Comments purporting to be from another person or organisation under false pretences
  • Gratuitous criticism, commentary or self-promotion
  • Any material which breaches copyright or privacy laws, or could be considered libellous
  • The use of the comments board for the pursuit or extension of personal disputes

Be aware:

  • Views expressed on the comments board are left at users’ discretion and are in no way views held or supported by Civil Society Media
  • Comments left by others may not be accurate, do not rely on them as fact
  • You may be misunderstood - sarcasm and humour can easily be taken out of context, try to be clear

Please:

  • Enjoy the opportunity to express your opinion and respect the right of others to express theirs
  • Confine your remarks to issues rather than personalities

Together we can keep our community a polite, respectful and intelligent platform for discussion.

Free eNews

£8m funding allocated to water rescue and Royal Navy charities

30 Jan 2015

The government has today announced the names of 23 water rescue and Royal Navy charities which will received...

Sector must address gap between public perception of charities and the truth, says Sir Stuart Etherington

28 Jan 2015

Public perception of what charities do can be very different to the truth and an "intelligent engagement...

Caron Bradshaw: ‘I think we took on too much too quickly’

28 Jan 2015

The chief executive of the Charity Finance Group, Caron Bradshaw, said yesterday that her charity took...

Shawcross reappointed as chair of the Charity Commission

29 Jan 2015

Francis Maude, minister for the Cabinet Office, has reappointed William Shawcross as chair of Charity...

Commission shows ‘real improvement’ but many concerns remain, says Public Accounts Committee

29 Jan 2015

The Charity Commission has been praised by Margaret Hodge, chair of the Public Accounts Committee, for...

Commission to investigate charitable school over private benefit from leisure centre and dating agency

29 Jan 2015

The Charity Commission is set to open a statutory inquiry into Durand Education Trust, a charity connected...

NGO domain pages will launch in May

28 Jan 2015

The Public Interest Registry will make the .ngo generic top-level domain name generally available from...

Comparison website for special needs services launched by charity consortium

23 Jan 2015

A coalition of social care charities has launched a TripAdvisor-style website, designed to help families...

CRUK debuts contactless giving through shop windows

21 Jan 2015

Cancer Research UK has announced a collaboration with outdoor media owner Clear Channel to bring contactless...

Join the discussion

Twitter button

@CSFundraising