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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
12/19/201411:20:28Wal-Mart's Latin America Chief Also to Head Mexico Unit
12/18/201419:08:01Wal-Mart de Mexico Sells Bank Business to Inbursa -- Update
12/18/201417:53:15Wal-Mart de Mexico Sells Bank Business to Inbursa
12/18/201412:00:14Norway Central Bank to Decide Oil Fund Exclusions
12/17/201414:19:13FedEx Profit Rises Less Than Expected on Plane Costs -- 2nd Update
12/16/201413:23:18Coca-Cola Promotes Julie Hamilton to Chief Customer Post
12/16/201413:05:12Wal-Mart Weighs Appealing Wage Suit to U.S. Supreme Court...
12/16/201412:00:09Wal-Mart Weighs Appealing Wage Suit to U.S. Supreme Court...
12/16/201410:54:38Wal-Mart Weighs Appealing Wage Suit to U.S. Supreme Court
12/14/201417:08:07PetSmart to Be Acquired by BC Partners-Led Group
12/13/201420:41:07How Cheap Oil Complicates Investing
12/11/201413:03:11U.S. Stocks Rally on Robust Retail Sales
12/11/201408:42:30Starboard Confirms Staples Stake, Boosts Position in Office Depot...
12/11/201407:47:19Starboard Confirms Staples Stake, Boosts Position in Office Depot
12/10/201422:21:04Starboard Value Takes Roughly 6% Stake in Staples -- 2nd Update
12/10/201421:59:36Starboard Value Takes Roughly 6% Stake in Staples -- Update
12/10/201415:25:08Wal-Mart Names New Operating Chief for U.S. Stores
12/09/201417:14:15Krispy Kreme Profit Rises 20%
12/09/201411:16:46Tesco Issues Profit Warning -- 4th Update
12/09/201404:43:30Tesco Issues Profit Warning -- 3rd Update

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