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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.

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.

After an earlier pullback, consumers picked up their spending in June showing resilience despite anxiety high over tariffs and the U.S. economy

US retail sales rebounded in June in a broad advance, potentially tempering some concerns about a retrenchment in consumer spending.

Yes, the June retail sales figures were surprisingly strong. But consumer stocks are lagging the market due to inflation concerns.

Chicago women allegedly layered stolen clothing under their own and led police on a dangerous chase, prompting criticism of Illinois' SAFE-T Act limitations on judicial discretion.