CHARITY RETAIL SALES TRACKER
Are you outperforming the market?
Charity retail sales are booming.
The average performance over the past 12 months is 13.2% year on year sales improvement.
Apr-23 | 15.9% |
Mar-23 | 14.4% |
Feb-23 | 16.8% |
Jan-23 | 14.8% |
Dec-22 | 17.9% |
Nov-22 | 10.9% |
Oct-22 | 11.7% |
Sep-22 | 6.6% |
Aug-22 | 10.1% |
Jul-22 | 13.3% |
Jun-22 | 7.2% |
May-22 | 18.4% |
Supplied by BDO this is a mixture of shops and online sales.
E-Commerce
Charity Retail e-commerce is doing very well if simply measured on sales, however profits are below expectations when all related costs are considered in most charities. Charity Retail e-commerce to grow profits require modern fully integrated automated systems like traditional retailers but most charities are still using very old-fashioned systems. For example, not linking their online business to their EPOS systems for a single view of sales performance and Gift Aid.
Retail
Sales are booming, which can lead to believing the shops are performing great and of course they are but most charity shops are not performing at their optimum in terms of sales. We have many different blogs on optimising a retail business which could be worth reading alternatively contact us to find out how to optimise a charity retail business.
