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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
09/22/201609:02:00Walmart to process payments through ChaseNet
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09/15/201610:23:00Wal-Mart Expands Move to Boycott Visa Cards in Canada -- Update
09/15/201607:50:00Wal-Mart Expands Move to Boycott Visa Cards in Canada
09/15/201607:29:00Wal-Mart Expands Move to Boycott Visa Cards in Canada
09/14/201611:40:00UPS Projects Holiday Hiring in Line With Last Year
09/10/201611:44:00Bangladesh Factory Fire Kills at Least 23 People
09/09/201618:21:01Statement of Changes in Beneficial Ownership (4)
09/09/201618:17:44Statement of Changes in Beneficial Ownership (4)
09/09/201618:16:11Statement of Changes in Beneficial Ownership (4)
09/09/201616:40:00Wal-Mart to Stop Selling Welspun India's Egyptian Cotton Sheets...
09/09/201615:00:00Wal-Mart to Stop Selling Egyptian Cotton Sheets Made by Welspun
09/09/201609:50:00Kroger Beats Expectations but Cuts Its Outlook
09/08/201611:23:00Walmart and Evenflo Buckle up for Safety and Introduce New SensorSafe™ T...

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