Occasioned by nothing in particular …
Every year I seem to end up with a 3 or 4 large trash bags of cast-off usable clothes and household goods that I donate to Goodwill or the equivalent. Which got me to wondering …
How is the overall balance of supply and demand for goods at thrift stores and the like? Are major players like Goodwill Industries drowning in cast-offs they can’t sell, or are they sucking wind with empty shelves and disappointed second-hand shoppers? Is the situation highly regional? If so, do national operators like GI truck stuff from region to region or is that cost-prohibitive? Is there a booming but hidden trade in saleable materiel between these sorts of charities?
My curiosity actually predates COVID by years but it’s certainly reasonable to expect demand for cheaper second-hand goods will be climbing in the months ahead. Recessions are always bullish for the second-hand business. So the answer may be different here in 2020 than it was in 2019.
Note I’m not much interested in questions about cash donations. This is entirely about the supply of goods.
I suppose a corollary question would be that if/when a second-hand charity finds itself drowning in stuff what is done to dispose of it? Old clothes could be sold by the ton to a rag-maker, but pretty much everything else they receive looks like it’d end up in a dumpster. And as with recycling, the low value per ton says not much effort can be invested in handling any of this stuff before it becomes a money-losing proposition from end to end.
Said another way, at the margin am I (are we all) doing Goodwill et al and their customers a favor by giving them old stuff or should I/we be throwing it away to save them the trouble of paying to do the same? Let’s assume I/we are smart / charitable enough not to give them anything that’s truly unsaleable trash.