2020 retail figures show glum year

2020 retail figures show glum year

Retailers suffered their worst annual sales performance on record in 2020, driven by slump in demand for fashion and homeware products, figures show. While food sales growth rose 5.4% on 2019, non-food fell about 5%, the British Retail Consortium (BRC) said. It meant an overall fall of 0.3% in a year dominated by the COVID-19 impact, the worst annual change since the BRC began collating the figures in 1995. In December, total retail sales increased by 1.8% as shoppers spent more in the run-up to Christmas. Online non-food sales jumped by 44.8% in December, according to the new figures, as a higher proportion of shopping took place online.

Read more: Daily Mail



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