What are Thrift Shops?

definition

One of the most vital services provided by charity organizations is the redistribution of items donated by the public. All of the clothing, toys, appliances, furniture and other usable donations must be offered for resale somehow. This has led to the proliferation of thrift shops, non-profit or barely-for-profit outlets open to the public during regular business hours. Thrift stores may be operated by the non-profit organizations themselves or by outside companies which specialize in the management of thrift shops.

Many people associate thrift shops with specific charity groups such as Goodwill and the Salvation Army. Organizations like these aggressively seek out donated merchandise through the use of drop-off centers and warehouses. Delivery trucks maintained by these charities will often pick up furniture and deliver it directly to the thrift shops. Almost every sizable city in the United States contains at least one example of these 'professional' thrift shops.

Other thrift shops may be owned and operated by individual churches or other non-profit organizations. Retail space may be donated or offered at a substantial discount to the operators. Thrift shops tend to be a little more no-frills than other outlets, since the space is usually older and money for maintenance and upgrading is minimal. Some local charities hire professional shoppers who can locate discounted materials for resale and organize donation campaigns. Volunteers may perform many of the pricing and sorting chores, while a few paid staff members handle the accounting and scheduling side of the business.

Some thrift shops may be quite clean and organized, depending on their staffing and funding. Others may resemble a yard sale, with random boxes of merchandise. Usually the thrift shops will at least roughly organize their goods by type -- clothing will be presented on sized racks, furniture will be arranged together and appliances will be separated by usage. Other popular items in most thrift shops include toys, bedding, decorative items and books. Prices are roughly equivalent to what most of us would charge during a yard or garage sale. Clothing is especially affordable at thrift shops, because charities receive so much of it and storage space can be at a premium.

There are some definite disadvantages to shopping at thrift shops. Almost all items are sold in 'as is' condition, which means if you bring home a broken toaster or a stained shirt, you probably own it for good. Some thrift shops offer basic exchange policies or store credit, but if your budget is tight you'll definitely want to test and inspect your purchases before you leave the store. Some donated items may also be inherently dangerous, especially older electrical appliances which may have been recalled or discontinued. Finding a complete set of accessories or an instruction manual may also be problematic. Make sure you inspect toys for signs of damage or contamination.

Thrift shops can also offer a few advantages over traditional retail outlets. Certain companies may donate new or nearly-new merchandise to thrift shops as charitable donations. This can mean a significant savings over the recommended retail price elsewhere. Thrift shops may also contain undiscovered collectibles or antiques which can be resold for a profit or fill out a personal collection. It often pays to sort through older books or records for interesting titles at bargain prices. Furniture may also be priced to sell, and it can always be reupholstered or refinished later.

Related wiseGEEK articles

Category






  
  
	

		

New: Discuss this Article

Posted by: anon12554
You neglected to talk about privately-owned thrift shops that claim to support a charitable cause. Most of their customers assume that their all their purchases and donations "go to a good cause". In reality, the owner may only pay a nominal flat fee or as little as 3% of sales for the ability to hang the "charity" sign.

Does it really matter? Perhaps not, people are getting a good value and after all, it's far better to recycle than add to the landfills.

But my question is, Are donations to privately-owned thrift shops tax deductible? (Many give receipts.) It is my understanding that only IRS-approved 501(c)(3) thrift stores are allowed to give tax-deductible receipts for donations.


FREE: Subscribe to wiseGEEK

 
    learn more

our strict privacy policy ensures that your email address will be safe



Written by Michael Pollick

copyright © 2003 - 2008
conjecture corporation