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Retail

UK retail sales hit record low in 2020

UK retail sales hit a record 25-year low in 2020 during a year plagued by prolonged store closures. For the whole year, total sales fell 0.3 percent compared with 2019, a record low since records began in 1995, according to the latest BRC-KPMG retail sales monitor. That drop was driven by non-food items, as categories such as fashion were hit...

13 Jan 2021