The British Heart Foundation (BHF) says it will close around 150 of its charity shops and cut jobs over the next two financial years. The charity attributes the closures to rising costs and changes in shopping habits, including increased use of online options, which it says leave roughly a quarter of its high street stores commercially unsustainable. BHF has conducted a review of its retail operation, which employs nearly 3,700 staff and operates 640 shops across the UK. The charity reported that net profit across its stores fell from £18.8 million in 2024 to £3.6 million in the year to 31 March 2025, alongside the wider pressures on shop trading. BHF says the move is intended to keep its retail arm financially sustainable and to protect funding for its cardiovascular research work. The closures are expected to occur gradually, as BHF implements the plan during the two-year period.
British Heart Foundation to close about 150 charity shops amid rising costs
The British Heart Foundation (BHF) says it will close around 150 of its charity shops and cut jobs over the next two financial years. The charity attributes the closures to rising costs and changes in...
- BHF plans to close about 150 charity shops over the next two financial years.
- The charity cites rising costs and reduced in-store trading as online shopping increases.
- BHF says around a quarter of its high street locations are no longer financially sustainable.
- BHF’s review covers its retail arm, which employs nearly 3,700 staff and operates 640 UK stores.
- BHF reports store net profit fell from £18.8m in 2024 to £3.6m in the year to 31 March 2025.
Shoppers turning to online options also affects BHF, which has carried out review of retail armThe British Heart Foundation is to close about 150 shops and cut jobs, as rising costs and the shift to online shopping makes about a quarter of the charity’s high street locations commercially unsustainable.The charity carried out a review of its retail arm, which employs almost 3,700 staff, after net profit across its 640 UK stores plunged from £18.8m in 2024 to £3.6m in the year to 31 March 2025. Continue reading...
2 months agoThe British Heart Foundation (BHF) will close about 150 shops over the next two financial years because some of its stores are "no longer financially sustainable".
2 months agoThe British Heart Foundation (BHF) has unveiled plans to close around 150 shops and stores over the next two years, citing the need to maintain a commercially sustainable retail operation and protect funding for cardiovascular research.
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