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Resource ID: #27603
Subject: Charities
Source: InvestigateWest
Affiliation: 
Date: Oct. 28 - Dec. 15, 2015

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Description

“Profiting from Thrift” by Francesca Lyman is an investigation into how the privately held Savers chain of thrift stores, with hundreds of stores in 30 states, plus Canada and Australia, has profited from a charitable veneer, misleading consumers, drawing the ire of regulators, and even drawing revenue away from public tax coffers. For years the company has been the single largest player in the prosperous and growing industry of for-profit thrift stores, doing $1.2 billion in business annually, but InvestigateWest reporting found its claims about doing good for charities appear to be vastly overblown. http://invw.org/2015/10/28/map-savers-has-stores-in-29-states-across-the-u-s/

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