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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
08/25/201609:20:00Dollar Stores' Same-Store Sales Disappoint
08/25/201608:50:00Indian Firm Admits 'Error' After Target Cuts Ties Over Cotton...
08/24/201617:10:00More U.S. Retailers Probe Indian Supplier of 'Egyptian Cotton'
08/24/201617:03:00More U.S. Retailers Probe Indian Supplier of 'Egyptian Cotton'
08/24/201614:40:00Bed Bath & Beyond to Audit Egyptian Cotton Supplier
08/23/201618:58:42Statement of Changes in Beneficial Ownership (4)
08/23/201618:54:44Statement of Changes in Beneficial Ownership (4)
08/23/201618:49:50Statement of Changes in Beneficial Ownership (4)
08/23/201604:30:00Wal-Mart Probes Whether India Company Misrepresented Cotton Sheets
08/23/201602:58:00Photo-Me to Acquire Asda's Photo Business for GBP5.4 Million
08/22/201616:01:00CommerceHub Expands Partnership with Walmart, Adds Integration...
08/22/201609:10:00Target Cuts Ties With India Textile Company
08/19/201617:53:00Walmart and the Walmart Foundation Announce additional $1 million...
08/19/201603:03:00Store Overhauls Help Wal-Mart Boost Its Sales -- WSJ
08/18/201619:30:00California Reopens Some Commercial Routes as Wildfire Rages
08/18/201612:18:00Wal-Mart Lifts Profit Outlook as Sales Grow -- 3rd Update
08/18/201611:41:00Wal-Mart Lifts Profit Outlook as Sales Grow -- 3rd Update
08/18/201611:12:00Wal-Mart Lifts Profit Outlook as Sales Grow--2nd Update
08/18/201611:09:00Correction to Wal-Mart Earnings story
08/18/201608:49:00Wal-Mart Lifts Profit Outlook as Sales Grow--2nd Update

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