The only problem? Thrift stores are informally reporting unprecedented volumes of donations trib.al/EJk6sY8
In 2018, Goodwill alone funded $5.3 billion in charitable services, including education assistance, job training and work placements trib.al/EJk6sY8
Roughly half the space of any Goodwill outlet is devoted to sophisticated sorting and pricing operations trib.al/EJk6sY8
What doesn't sell on the floor — as much as 75% of the merchandise, depending on location — is then sent onto global markets trib.al/EJk6sY8
Mexican traders, who account for at least 30% of the business at thrift stores close to the southern border, stopped working when travel restrictions were imposed in March trib.al/EJk6sY8
Prices for clothing bound for Africa have fallen by more than half in recent weeks trib.al/EJk6sY8
Drop-off in demand➕surge in supply ➡️ a storage problem.
Thrift stores are now looking for additional space or even suspending donations trib.al/EJk6sY8
➡️Create health & safety risks
➡️Create extra disposal costs
➡️Throw away a potential source of revenue
➡️Cause good products to end up in landfills trib.al/EJk6sY8
A broken toaster isn't a gift to Goodwill, it's a cost trib.al/EJk6sY8
Until then, America's spring-cleaning drive needs to slow down so it doesn't clean out the charities too trib.al/EJk6sY8