US retail sales beat expectations
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Talks on the sale of a £50m leisure and retail complex - which is almost completely empty just 10 years after opening - have begun, BBC News understands. When Regent Circus was built on the former Swindon College site in Wiltshire, it was hoped it would beckon in a new era for the ailing town centre.
India's Reliance Industries said on Friday its unit, Reliance Retail, has acquired home appliance maker Kelvinator in a bid to expand into the fast-growing consumer durables market.
Sales at retailers rebounded in June after the White House dialed back high U.S. tariffs, as consumers temporarily shrugged off the trade wars and spent more on cars, clothes, do-it-yourself projects and dining out.
US retail sales rebounded in June in a broad advance, potentially tempering some concerns about a retrenchment in consumer spending.
U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the Federal Reserve cover to delay cutting interest rates while it gauges the inflation fallout from import tariffs.
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After an earlier pullback, consumers picked up their spending in June showing resilience despite anxiety high over tariffs and the U.S. economy
Yes, the June retail sales figures were surprisingly strong. But consumer stocks are lagging the market due to inflation concerns.
The parent company of high-end specialty retail chain Karma and Luck, which operates 12 brick-and-mortar high-end retail locations in Las Vegas, Los Angeles, Houston, Florida, and New York, filed for Chapter 11 bankruptcy on June 18, 2025, to restructure its debt.