Of those retailers questioned in our monthly Business Barometer survey, 21% say current trading is better year on year ­ a slightly higher percentage than last month ­ while 37% say they expect trade to improve in the coming three months, which is broadly level with the last Business Barometer.
Profit is still under pressure with just 9% of retailers saying it is up year on year, while 38% say it is worse. On investment, more than a quarter expect to increase their spend in the coming year, while more than half expect to keep it steady.