UK retail stores sales decline slightly in 2019 for first time since 1995

UK retail stores sales decline slightly in 2019 for first time since 1995

The British Retail Consortium (BRC) said total sales were 0.1% lower in 2019 than the previous year after adjusting for inflation. This is the first annual sales decline since 1995. These figures do not include on-line sales which account for about 20% of the total and are thought to be growing. Britons are also spending an increasing share of their incomes on experiences rather than goods.

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