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DATA SNAP: UK Retail Sales Surge in June on Jubilee - CBI

By Alex Brittain LONDON--U.K. retailers reported a sharp rise in sales in June, as the royal jubilee weekend lured shoppers onto the high street, the Confederation of British Industry said Wednesday. The business group said 58% of retailers in its survey reported a rise in sales compared with a year ago, while 17% reported a fall. The resulting balance of +42 is the highest since December 2010, the CBI said. However, the survey suggested that sales in June were weak for the time of year. "Weak consumer confidence and uncertainty over the economic outlook are still putting a brake on consumer spending," said Judith McKenna, chief operating officer of Wal-Mart Stores Inc. (WMT) U.K. supermarket unit Asda. Write to Alex Brittain at alex.brittain@dowjones.com

Stock News for Wal Mart Stores (WMT)
DateTimeHeadline
09/01/201406:26:06MARKET SNAPSHOT: Why September May Slow Further S&P Records
08/27/201406:14:30Aldi, Lidl, Asda, Waitrose Market Shares Rise
08/22/201405:59:15ASIA MARKETS: Japan Stocks Pull Back After 9 Days Of Gains
08/14/201421:30:10Supervalu Investigating Potential Data Breach
08/14/201416:21:51MARKET SNAPSHOT: U.S. Stocks Rise Modestly; Berkshire Tops $200K
08/14/201411:50:23MARKET SNAPSHOT: U.S. Stocks Edge Higher; Retailers In Focus
08/14/201409:49:26MARKET SNAPSHOT: U.S. Stocks Open Higher; Wal-Mart Cuts Outlook
08/14/201409:23:21MARKET SNAPSHOT: U.S. Stocks: Futures Turn Flat After Jobless...
08/14/201408:27:51Asda 10 Week Comparable Sales +0.5%; Online Boosted by Click...
08/14/201408:11:12MARKET SNAPSHOT: U.S. Stocks: Futures Stay Up After Wal-Mart...
08/14/201406:44:38MARKET SNAPSHOT: U.S. Stocks: Futures Edge Up With Wal-Mart Results...
08/11/201415:47:19Dispute Erupts Between Amazon and Disney
08/08/201412:43:42Wal-Mart Denies China Media Report of Selling Expired Products
08/08/201412:41:18Wal-Mart Denies Local Media Report of Selling Expired Products
07/31/201406:32:25Correction to Carrefour First-Half Net Profit story
07/31/201402:54:36Carrefour First-Half Net Profit Rises on Strong Sales in Latin...
07/30/201416:44:53Wal-Mart Back-to-School Promotions Include 'Cyber Monday' Deals
07/29/201405:42:47Aldi Market Share Rises to New Record; Catching up With Waitrose
07/24/201410:00:15Wal-Mart's U.S. Chief Simon to Leave
07/24/201409:45:55U.S. Hot Stocks: Hot Stocks to Watch

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