British retail sales rally in August
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Retail sales in Britain rose strongly in August, helped by strong sales of food, official data showed on Thursday.
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UK retail sales bounced back in January after the worst December in three years, a survey says.
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Wal-Mart Stores Inc. said August sales at its U.S. stores rose about 2.7 percent from the same period last year. The increase released Saturday was in line with the retailer's forecast of same-store sales growth of 1 percent to 3 percent.
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WASHINGTON &#151; Sales of new homes rose by 9.4 percent in August, the Commerce Department said yesterday, as mortgage interest rates remained at low enough levels to continue enticing buyers worried about future rate increases.
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UK inflation accelerates to 2.5% in August, the latest figures from the Office for National Statistics show.
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Retail sales in August posted the weakest showing in two months as worried consumers curbed their spending habits.
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Retail sales have risen by 0.3 percent in August compared with the previous month despite the biggest drop in food sales for more than three years.
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August sales trends help investors discern the leader in this appealing sector.
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Family Dollar Stores Inc.  on  Thursday said August sales rose 4 percent at stores open at  least a year, and the company raised its profit outlook for the  just-ended fiscal fourth quarter.
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British retail sales climbed in June from the previous month, official data has shown.
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General Motors reports a 4% rise in US car sales in August, its first rise in seven months, thanks to heavy discounts attracting customers.
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Retail sales rose by 0.3 percent in August compared with the previous month despite the biggest drop in food sales for more than three years, official data has shown.
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British retail sales rose much more than expected in November, driven by strength across nearly all categories running into the key Christmas holiday shopping season.
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Wal-Mart Stores Inc  on  Thursday reported a higher-than-expected 3.1 percent rise in  August sales at its U.S. stores open at least a year.
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Wal-Mart Stores Inc. estimated that  August sales rose 2.7 percent at its U.S. stores open at least  a year, near the high end of its forecast.
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Sales at retailers rose a smaller-than-expected 0.3 percent in August and they recorded the biggest decline in almost a year when car sales were stripped out, a government report showed on Friday.
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Stocks rose on Thursday after strong August sales from Wal-Mart Stores Inc  and other retailers combined with positive economic data calmed concerns about mortgage market turmoil hurting the broader economy.