This week I wrote about Savers Thrift Stores and the legal battles that occurred with them and the charities that they worked with. The Minnesota attorney general stated that Savers had been soliciting donations from customers for various charities and not having proper legal paperwork to collect charity donations. “The company also violated state laws by commingling funds intended for specific charities with those of others, according to the attorney general’s report” (Abrams, 2014). They eventually settled in court and will be paying the charities money that is owed and have agreed that they will not collect donations without the proper paperwork. If there were stricter laws in place and more regulations monitoring cause-related marketing, do you think that this could have been caught earlier (this practice was going on for over a year before they were caught)? If not, what could be put in place to closely monitor cause-related marketing for both the corporations and charities?
Abrams, R. (2014, November 24). Savers, A Thrift Chain, Said to Pocket Money Meant for Charity. The New York Times. Retrieved from http://www.nytimes.com/2014/11/25/business/thrift-chain-said-to-pocket-money-meant-for-charity.html.