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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 [email protected]

Stock News for Wal Mart Stores (WMT)
DateTimeHeadline
02/25/201709:29:00Wal-Mart Fights a Problem in the U.K.: It's Too Pricey
02/23/201714:24:00Trucking Companies Increase 'Dedicated' Fleets for Use by Clients
02/22/201703:02:00Wal-Mart, Home Depot Buck Trend -- WSJ
02/21/201717:12:00Wal-Mart, Home Depot Buck Shopping Slump
02/21/201710:18:00Wal-Mart Posts Strong Holiday Sales, But E-Commerce Battle With...
02/21/201710:01:00Asda 4Q Comparable Sales Fall 2.9% Vs 5.8% in 3Q
02/21/201707:57:00Wal-Mart, Spending to Fend off Amazon, Posts Earnings Decline...
02/21/201707:07:00Walmart raises annual dividend to $2.04 per share, marking 44th...
02/21/201707:01:46Current Report Filing (8-k)
02/21/201707:01:00Walmart U.S. Q4 comps grew 1.8% & Walmart U.S. eCommerce GMV...
02/21/201703:03:00Ahead of the Tape: A Big Box of Trouble for Wal-Mart -- WSJ
02/20/201706:29:00Wal-Mart's Same-Store Sales Seen Rising -- Earnings Preview
02/19/201712:51:00Wal-Mart's Big Box of Trouble -- Ahead of the Tape
02/15/201718:49:00Wal-Mart de Mexico Profit Rises 23% in Fourth Quarter -- Update
02/15/201717:25:00Wal-Mart de Mexico Profit Rises 23% in Fourth Quarter
02/08/201716:37:04Amended Statement of Ownership (sc 13g/a)
02/07/201712:51:00Sam’s Club® Offers higi Technology to Help Members and the Pu...
02/06/201703:02:00Wal-Mart Takes Its Time -- WSJ
02/04/201703:02:00The Taxman Misses Kickoff -- WSJ
02/03/201705:59:00Super Bowl TV Sales Face Fuzzy Reception

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