business
British Heart Foundation plans to close 150 charity shops
Key takeaways
- Jemma Crew Business reporter Getty Images The 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.
Jemma Crew Business reporter Getty Images The 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.
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