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British Heart Foundation plans to close 150 charity shops

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British Heart Foundation plans to close 150 charity shops
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The British Heart Foundation (BHF) plans to close approximately 150 charity shops due to a challenging trading environment. Rising operating costs and changing customer habits have made some stores financially unsustainable. Despite these closures, the BHF maintains a healthy financial position and continues to see strong fundraising efforts.

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BBC News — UK
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British Heart Foundation plans to close 150 charity shops48 minutes agoShareSaveAdd as preferred on GoogleJemma CrewBusiness reporterGetty ImagesThe British Heart Foundation (BHF) says it is planning to close around 150 charity shops, citing an "exceptionally challenging trading environment".The charity, which carried out a review of its retail arm, said rising operating costs and changing customer habits meant some stores were "no longer financially sustainable".Its overall financial position "remains healthy", it said, adding it is continuing to see strong fundraising and legacy income.The BHF currently has 640 shops and stores across England, Wales, Scotland, and Northern Ireland. The proposed closures, within the next two years, make up just under a quarter of the total.

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