Independent retailers quizzed by The Knowledge Store continue to be downbeat about business, with nearly a third saying trade was down on last year.
However, just over a quarter are still reporting trade up in our monthly Business Barometer. And there is more optimism regarding the next three months. Last month 19% thought sales would be worse over the next three months - this figure has now fallen to 16%. And 26% believe sales will be better, with 53% expecting them to remain the same.
The independents polled are also managing to hold on to their profit margins, with 44% stating them to be the same as last year, and 15% saying their profit margin is up.
Source: based on research carried out by The Knowledge Store in the week commencing 12/7/03 For more details call 01293 610400