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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
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09/01/201517:30:00Dollar Tree Swings to a Loss After Deal for Family Dollar...
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08/31/201515:10:00Wal-Mart Cuts Worker Hours at Some Stores
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08/31/201514:00:00Ree Drummond Collaborates with Walmart to Bring Country Charm...
08/27/201517:22:54Statement of Changes in Beneficial Ownership (4)
08/27/201511:10:00Wal-Mart Holiday Layaway is Early
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08/27/201500:01:00Graphic of Walmart's "Chosen By Kids" Toy List Available on Business...
08/26/201516:20:00Wal-Mart to Stop Selling Semiautomatic Rifles, Citing Declining...
08/26/201516:00:00Wal-Mart to Stop Selling Semiautomatic Rifles
08/26/201515:49:00Wal-Mart to Stop Selling Semiautomatic Rifles, Citing Declining...
08/21/201518:00:50Statement of Changes in Beneficial Ownership (4)
08/21/201508:30:00Walmart & the Walmart Foundation Mark 10th Anniversary of Hurricane...
08/20/201520:37:00Wal-Mart Shuffles Merchandising Team
08/20/201510:00:00Sam’s Club Extends Expert #SmallBizHelp to America’s Small Bus...
08/19/201507:30:00Lowe's Profit Misses Views

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