Shops suffer worst annual performance on record despite Christmas surge
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mirror.co.ukRetailers suffered their worst annual performance on record in 2020 as a Christmas spending failed to stop sales for the year slumping lower, according to new figures.
Figures from Barclaycard show online grocery spending surged by 88% as households stocked up on Christmas food, while specialist retailers - including toy shops, jewellers and gift shops - recorded spending growth of 61.9% online.
But that wasn't enough to make up for falls over the past 12 months. The latest BRC-KPMG retail sales monitor shows total sales fell 0.3% for the year against 2019 - the biggest worst year-on-year drop since records began in 1995.
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