Helping Hand initiative launched by K3 - K3

Offering Retailers a Helping Hand

In an initiative from K3 to help the causes of their four charity retailers they are calling on the retail sector to clear-out unwanted or slow-moving stock that will raise money for the charities and provide many benefits for the retailers.

British Heart Foundation, Crisis, Oxfam and Sue Ryder have joined forces as part of the Helping Hand initiative to offer retailers a home for any excess, unwanted or slow-moving stock they no longer require.

The Helping Hand idea came from Denise Davidson, Charity Advocate and Ian Maclean Charity Sector manager at K3 to leverage the relationships they have with their retail customers to benefit their charity retailers.

 Denise Davidson, explains their motivations, “From working with our retail customers we understood some of the challenges retailers often face with trying to move unwanted stock,  donating it to our charity retailers seemed like the ideal solution”.    Ian Maclean adds, “working across the whole of the retail sector, this is a win-win solution for everyone involved”.

Together British Heart Foundation, Crisis, Oxfam and Sue Ryder represent a significant presence on the retail high-street:

  • With over 2,000 stores
  • More than 60,000 volunteers
  • They generated over 25% of the £1.3bn income raised by Charity Retailers in 2016

A solution for unwanted stock

Spokesman for the collective is Mike Taylor, retail director at British Heart Foundation, who helped mentor the K3 team and launched the initiative at the recent K3 ‘Make Happy’ conference in London: “We are asking retailers to have a stock clear-out. These could be:

  • Excess, unwanted or slow moving stock
  • Customer returns, cancelled orders, or quality control returned goods
  • Usable assets such as office furniture or equipment

They are challenging all retailers to seek out “stuff” that is not being used and is maybe causing them a problem. “We’d like to be the solution and will try to deal with everything. Retailers should think about those products that have no residual value,” says Taylor.

Complementary to existing charity relationships

Donating such items to either of the four charities will not affect the existing charitable relationships many retailers have in place, he says, adding that it will instead be complementary to existing charity relationships: “A lot of the charities that are supported by retailers will not have any retail outlets. Our ask will not impinge on those arrangements.”

Between the four charities Taylor says pretty much all products and items should be able to generate funds for the causes. “We can handle all elements. Be it through the retail shops, eBay or online stores. BHF sell a lot of electrical goods, PCs, and laptops as we can cleanse IT products,” he adds.

Retailer Benefits

 As well as donations helping to raise money for the charitable causes, there are a number of benefits for Retailers.

  • Create valuable space for new high performing stock
  • Potentially save money on storage
  • Help reduce landfill
  • Tax relief benefit by making a gift of trading stock or equipment to a charity
  • Help grow your Corporate Social Responsibility (CSR) program
  • Powerful connection with well supported and respected Charities
  • Great internal message to all staff

We’re here to give a Helping Hand

Whether you have a one-off need to clear some stock or are looking to develop a longer term relationship, the Helping Hand partnership of British Heart Foundation, Crisis, Oxfam and Sue Ryder would love to hear from you.

We celebrated our first Helping Hand donation from Lloyd Shoe recently which was very exciting and we look forward to many more.

Russell Neime, Head of Distribution, at Lloyd Shoe sums up his experience, “It’s good to be able to help. The whole service was super quick and very efficient. We will definitely be doing it again in the future”.

To find out more, or get involved please get in touch at helpinghand@k3retail.com7