Retailers lose £22bn in sales during coronavirus lockdowns

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Retailers lost £22bn in sales last year after nationwide lockdowns decimated the performance of physical stores.  

Revenues raked in by non-food shops plunged 24% in 2020 compared with the previous year, following a 40% slump in footfall.

The stark figures, calculated by the British Retail Consortium, were revealed as the sector renewed its calls for the government to offer greater financial support to retailers. 

Chancellor Rishi Sunk is set to deliver his Budget on March 3 and retailers are calling for urgent action to reform the business rates system. 

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