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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
06/29/201614:20:00Visa Files Counterclaim to Wal-Mart In PIN Debit Card Lawsuit
06/29/201614:18:00Visa Files Counterclaim to Wal-Mart In PIN Debit Card Lawsuit
06/29/201608:35:00Discount, Variety Stores Stocks Review - Wal-Mart Stores, Target...
06/28/201609:45:00Hundreds of New Products Land on Walmart.com During ‘Made in t...
06/28/201603:03:00Business Watch -- WSJ
06/27/201616:10:00Forever 21 Shipping Firm Drops Retailer, Citing Slow Business
06/27/201614:00:00Kroger Sues Visa Over Pin Debit Transactions
06/27/201613:46:00Kroger Sues Visa Over Pin Debit Transactions
06/27/201612:40:00Wal-Mart Names New Canada Head
06/27/201612:36:00Wal-Mart Names Lee Tappenden as New Canada Head
06/24/201613:35:00Grand Re-Opening of Gainesville Sam’s Club Set for June 30
06/24/201613:32:00Sam’s Club Brings Scan & Go Shopping Innovation to Longmont
06/24/201603:30:00Henkel Hopes to Clean Up in U.S. With Sun Products Buy
06/23/201613:00:00Walmart Introduces Walmart Pay in Missouri
06/23/201611:58:00Walmart Introduces Walmart Pay in Washington, D.C.
06/23/201607:00:00Walmart Introduces Walmart Pay in Virginia and the Carolinas
06/23/201601:01:00Walmart Introduces Walmart Pay in Nebraska
06/23/201601:01:00Walmart Introduces Walmart Pay in South Dakota
06/23/201601:01:00Walmart Introduces Walmart Pay in Iowa
06/23/201601:01:00Walmart Introduces Walmart Pay in North Dakota

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