With many households tightening the purse strings, it came as no surprise at the start of the year that many of the retail big hitters struggled to meet their Christmas financial targets.
However, Oxfam have reported their best financial figures ever for the festive period, suggesting that consumers are turning to them for bargains in times of financial austerity.
Although the charity do not release revenue figures, busy trading in the five weeks leading up to New Year's Eve pushed like-for-like sales up 11%.
The charity saw more donations to stores from members of the public, most being either homeware and clothing.
Read more on the story here:
http://www.guardian.co.uk/society/2012/jan/19/oxfam-christmas-increased-sales
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