- published: 04 Mar 2013
- views: 42762
A charity shop, thrift shop, thrift store (U.S. and Canada), hospice shop, resale shop (unless meaning consignment shop [U.S.]), drift store, opportunity shop or op shop (Australia and New Zealand) is a retail establishment run by a charitable organization to raise money.
Charity shops are a type of social enterprise. They sell mainly used goods donated by members of the public, and are often staffed by volunteers. Because the items for sale were obtained for free, and business costs are low, the items can be sold at competitive prices. After costs are paid, all remaining income from the sales is used in accord with the organization's stated charitable purpose. Costs include purchase and/or depreciation of fixtures (clothing racks, bookshelves, counters, etc.), operating costs (maintenance, municipal service fees, electricity, telephone, limited advertising) and the building lease or mortgage.
One of the earliest charity shops was set up by the Wolverhampton Society for the Blind (now called the Beacon Centre for the Blind) in 1899 to sell goods made by blind people to raise money for the Society. During World War I, various fund-raising activities occurred, such as a bazaar in Shepherd Market, London, which made £50,000 for the Red Cross.