Close to half (44%) of all listed retailers issued positive statements, according to figures released by business and financial advisors Grant Thornton. The percentage is an increase from the 33% and 25% of positive statements issued in 2006 and 2005 respectively. A further 46% issued neutral statements, and 10% negative statements.
Head of Grant Thornton's retail services team, David Bush, said: "This quarter's results have been buoyed by the strong increase in the food and drink sector, with 83% of grocers issuing positive trading statements during the quarter."
The research also revealed that 74% of retailers experienced an increase in like-for-like sales. This figure was also bolstered by food and drink retailers, with 100% experiencing an increase.