Independent retailers are still downbeat about business, with almost half of those quizzed by The Knowledge Store saying trade was down on last month. Only 18% said sales were better - the same as last month. Only 18% said sales were better - the same as last mont's Business Barometer report.
However, more than a third were confident that business would improve in the coming three months, while 42% thought it would remain the same. Profit is still under pressure, with only a handful of retailers (7%) saying it was up on last year. Almost half said it was worse.
As for investment, 28% said they would increase their spend in the coming 12 months, while 48% said it would remain the same as last year.

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