Growing concerns over sustainability in retail revitalized the consumption of secondhand goods. In the United Kingdom, the interest in the secondhand goods were reassuring in the past three years. The general monthly trend during this period was a steady increase in the sales value with certain months outperforming others. After dropping to 30.1 in February 2021, sales value increased overall in the following months, despite substantial fluctuations. In June 2022, secondhand goods sales peaked at an index point of 201.1.
Second-hand goods shops in the UK
The UK is host to a high number of secondhand retail stores. Charity shops are the most common types that sell secondhand goods, be it clothing items, books, or household things. With each year, UK consumers spend more and more in charity shops and the annual sales revenue generated from these establishments is increasing at a fast rate.
UK’s most popular charity shop
The UK’s most popular charity shop belongs to British Heart Foundation. The organisation runs 724 shops across the United Kingdom. Likewise, the revenue the British Heart Foundation generates from the sales of mostly secondhand goods in its shops placed the charity at the top position within the UK. The British Heart Foundation was founded 1961 with the ethos of funding research on heart diseases and related conditions.
Sales value of secondhand goods in Great Britain from January 2016 to June 2022, based on index number of sales per week
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Office for National Statistics (UK). (July 26, 2022). Sales value of secondhand goods in Great Britain from January 2016 to June 2022, based on index number of sales per week [Graph]. In Statista. Retrieved August 13, 2022, from https://www.statista.com/statistics/523186/second-hand-goods-retail-sales-value-monthly-index-in-great-britain/
Office for National Statistics (UK). "Sales value of secondhand goods in Great Britain from January 2016 to June 2022, based on index number of sales per week." Chart. July 26, 2022. Statista. Accessed August 13, 2022. https://www.statista.com/statistics/523186/second-hand-goods-retail-sales-value-monthly-index-in-great-britain/
Office for National Statistics (UK). (2022). Sales value of secondhand goods in Great Britain from January 2016 to June 2022, based on index number of sales per week. Statista. Statista Inc.. Accessed: August 13, 2022. https://www.statista.com/statistics/523186/second-hand-goods-retail-sales-value-monthly-index-in-great-britain/
Office for National Statistics (UK). "Sales Value of Secondhand Goods in Great Britain from January 2016 to June 2022, Based on Index Number of Sales per Week." Statista, Statista Inc., 26 Jul 2022, https://www.statista.com/statistics/523186/second-hand-goods-retail-sales-value-monthly-index-in-great-britain/
Office for National Statistics (UK), Sales value of secondhand goods in Great Britain from January 2016 to June 2022, based on index number of sales per week Statista, https://www.statista.com/statistics/523186/second-hand-goods-retail-sales-value-monthly-index-in-great-britain/ (last visited August 13, 2022)