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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Retail sales were weaker than expected in August; confidence wanes.
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No. 3 U.S. warehouse club operator BJ's Wholesale Club Inc  said on Wednesday that its August sales at its clubs open at least a year rose 1.4 percent, meeting analysts' expectations.
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Retail sales slid in August as people steered away from buying cars and shoppers kept a close eye on their spending after splurging in July.
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Target Corp  on Thursday said August sales at stores open at least a year rose 6.1 percent, beating expectations and sending its shares up more than 2 percent.
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Sales of new homes rose by 9.4 percent in August, the Commerce Department said Monday, as mortgage interest rates remained at low-enough levels to continue enticing buyers worried about future rate hikes.
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U.S. Treasury prices ended higher on  Tuesday after soft August retail sales and a record high  current account deficit kept dealers focused on the possibility  of a slower pace of official interest rate hikes.
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UK retail sales rose by 0.3% in August, official figures show, taking the annual rate of growth to 4.3%.
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Retail sales posted a modest gain in August, helped by the biggest jump in auto sales in more than a year. But there are concerns that spending could falter as the steep slump in housing and financial market turbulence weigh on consumer confidence.
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UK High Street sales confound market expectations and rise by 0.6% in August, increasing the likelihood of another interest rate rise this year.
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August retail sales, always an  important measure of back-to-school consumer demand, have taken  on even more significance this year amid fears about rising  interest rates, higher energy prices, slowing home sales and  continued strife in the Middle East.
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U.S. teen-oriented retailers reported   sharply higher sales in August after kids flocked to stores   ahead of the new school year, but chains targeting adults fared   worse as a slowing housing market and higher energy prices   crimped spending.
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Higher interest rates and a damp, cool summer take their toll on UK retail sales in August, says the CBI's latest trades survey.
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Sterling continued to outperform the dollar after official figures showed British high-street spending was unexpectedly robust in August, helping to build the case for another rate hike by the Bank of England.
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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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The children's retailer turns in sparkling 21% same-store sales growth for August.
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Sterling pared gains it made against the dollar in the wake of surprisingly solid retail sales figures for August.