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China Daily / 2020-01 / 15 / Page010

UK retailers look back on grim year

By BO LEUNG in London | China Daily | Updated: 2020-01-15 00:00

Brexit plays role in making 2019 sector's worst in 25 years, with more pain tipped

Wariness among consumers, a weak economy and uncertainties over Brexit contributed to 2019 becoming the worst for retail sales in Britain in at least 25 years, retail experts said.

A report from the British Retail Consortium, or BRC, a trade organization for retailers, found that sales in November and December were particularly weak, falling 0.9 percent year on year.

The BRC said sales in 2019 fell 0.1 percent, marking the first annual decline since 1995 when it started recording data.

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