Saks Global, century-old high-end department store chain, files for bankruptcy
The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to spark growth.
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The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to spark growth.
More than 8,000 stores closed across the U.S. this year, according to retail industry data, including these well-known brands.
Residents of Leland House in Detroit will not have to move out of their homes thanks to an agreement reached with DTE.
Standing on the Woodward Avenue site are a gleaming 45-story tower and a 12-story office building. The new 1.5 million-square-foot Hudson's Detroit development also contains retail space and will feature high-end condos.
Spirit Airlines again filed for bankruptcy protection from its debts only months after emerging from Chapter 11.
Accessories retailer Claire's just revealed a list of hundreds of stores it will close as part of its Chapter 11 bankruptcy proceedings.
Del Monte Foods, producer of canned fruits and vegetables, initiatied Chapter 11 proceedings on Monday and is seeking a buyer.
As part of the bankruptcy proceedings, 26 At Home stores across the United States will close.
Regeneron, a biotech company, will acquire 23andMe for $256 million and vowed to comply with the genetic testing company's privacy policies.
Weight Watchers, a weight loss program with a history of over 60 years, has entered the Chapter 11 bankruptcy process. WW says services for members will continue.
Record consumer debt, years of steep inflation and other factors are driving more Americans to considering filing for bankruptcy.
Fabric and crafts retailer Joann is closing all of its remaining stores after failing to find a buyer that would keep them open.
Fabric and crafts retailer Joann Fabrics filed for a second bankruptcy this week, announcing the closure of nearly 500 stores nationwide.
Fabric and crafts retailer Joann has announced it will be closing approximately 500 stores nationwide, almost a year after filing for bankruptcy.
Big Lots has reached a deal that will keep hundreds of its stores open after filing for bankruptcy protection earlier this year.
The Container Store said it is filing for bankruptcy protection after years of losses and declining sales.
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
Pontiac General Hospital has filed for bankruptcy days after announcing the loss of Medicare funding and announcing over 240 layoffs.
TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.
Big Lots files for Chapter 11 protection after years of declining sales and hundreds of store closures.
Giuliani himself asked for the dismissal, after months of missing court deadlines in his bankruptcy case.
Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.
It's a financial comeback a decade in the making; Detroit's credit rating is now back to what it was before the city went broke and couldn't pay its bills.
The retailer that caters to quilters and crafters also said it has been weighed down by higher tariffs from China.
Amazon will partner with Diamond Sports as part of a restructuring agreement as the largest owner of regional sports networks looks to emerge from bankruptcy.
Dillon Dingler hit a three-run homer, Keider Montero pitched into the seventh inning and the Detroit Tigers beat the Texas Rangers 5-1.
A 50-year-old man is dead after he was found under a dam in Midland, Michigan, on Saturday.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
Three people are injured and a 39-year-old woman was arrested after a head-on crash on Interstate 375 in Detroit early Saturday.
Ford Motor Company is recalling over 179,000 vehicles due to a front seat issue that can increase the risk of injury in a crash, the National Highway Traffic Safety Administration said.
The check-in counter for Spirit Airlines at the Detroit Metro Airport is empty, its lights are turned down and a message informs passengers that operations have shut down.
Ford Motor Company is recalling over 179,000 vehicles due to a front seat issue that can increase the risk of injury in a crash, the National Highway Traffic Safety Administration said.
A Roseville, Michigan, woman faces two charges after prosecutors allege social media videos showed her hitting a child, the Macomb County Prosecutor's Office said.
Three people are injured and a 39-year-old woman was arrested after a head-on crash on Interstate 375 in Detroit early Saturday.
Dillon Dingler hit a three-run homer, Keider Montero pitched into the seventh inning and the Detroit Tigers beat the Texas Rangers 5-1.
Ford Motor Company is recalling over 179,000 vehicles due to a front seat issue that can increase the risk of injury in a crash, the National Highway Traffic Safety Administration said.
A vote by UAW Local 2093 members will be on May 11. The UAW says that if approved, workers could walk out of the Three Rivers facility starting on May 31.
The organization says its executive committee will oversee operations and lead the search for the next leader, under the leadership of DADA president Katie Coleman and Auto Show chairman Lincoln Phillip.
General Motors has announced production investments at its sites in Romulus, Saginaw and Toledo.
Several cities in Southeast Michigan could allow golf carts on public streets if a state bill expanding the rules passes.
Motown may be Detroit's most famous sound, but it's far from the only one.
Gene Simmons visited Detroit Rock City to celebrate the grand opening of a restaurant co-founded by him and his Kiss bandmate Paul Stanley.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
Restaurants are being considered for the new Michelin Guide American Great Lakes Edition, set to be revealed in 2027.
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
Air traffic control audio records showed the exchanges between controllers and the pilots of some of Spirit Airlines' final flights
The budget carrier Spirit Airlines is ceasing operations after failing to land a $500 million bailout from the Trump administration.
Danny Janssen homered and Josh Jung drove in two runs as the Texas Rangers defeated the Detroit Tigers 5-4 on a rainy Friday night.
Cade Cunningham scored 32 points and the top-seeded Detroit Pistons pulled off an incredible rally by erasing a 24-point deficit and beating the Orlando Magic 93-79 to force a Game 7 in their Eastern Conference first-round series.
Fire department leaders say the rescue reflects the kind of instinctive courage firefighters train for, but also something that goes beyond routine duty.
Parents say the incident highlights the importance of education and communication at home, especially when it comes to THC‑infused products.
Six Detroit elementary students were hospitalized on Tuesday after eating suspected marijuana edibles, district officials said.
A proposed Michigan law would mandate health insurance plans to cover in vitro fertilization and intrauterine insemination starting in 2027.
Cases of Lyme disease have seen a 168% increase just in the last five years, according to the Michigan Department of Health and Human Services.
Dillon Dingler hit a three-run homer, Keider Montero pitched into the seventh inning and the Detroit Tigers beat the Texas Rangers 5-1.
Cherie DeVaux became the first woman to train the winner of the opening leg of the Triple Crown.
The Detroit Pistons pulled off a stunning comeback against the Orlando Magic in Game 6 of their playoff series.
Danny Janssen homered and Josh Jung drove in two runs as the Texas Rangers defeated the Detroit Tigers 5-4 on a rainy Friday night.
Cade Cunningham scored 32 points and the top-seeded Detroit Pistons pulled off an incredible rally by erasing a 24-point deficit and beating the Orlando Magic 93-79 to force a Game 7 in their Eastern Conference first-round series.
Life Directions has been helping guide and mentor young people in Detroit.
Robert Costa, the award-winning national correspondent for CBS Sunday Morning and chief Washington analyst for CBS News, talks about Michigan's role in this critical midterm election.
Diallo Smith, CEO of Detroit nonprofit Life Remodeled, talks about its new opportunity hub on the east side of Detroit called Anchor Detroit.
It's a look at the critical relationship between Canada, Michigan and the U.S. on this week's Michigan Matters.
The roundtable discusses the dramatic impact AI is having in the classroom, at companies and inside homes.
A slight chance of some isolated showers later in the day
President Trump on Friday rejected Iran's offer to end the war with the U.S. A ceasefire established over three weeks ago is still ongoing. Wendy Gillette reports.
Travel expert Julian Kheel says Spirit Airlines announcement that it's ceasing operations will have an impact on flight prices moving forward.
Spirit Airlines announced early Saturday that it was cancelling all of its flights and would be shutting down operations. Thousands of people across the U.S. are being impacted by the move, including people at Detroit Metro Airport. Veronica Ortega spoke to travelers whose Spirit Airlines flight at DTW was canceled.
Freezing temperatures are possible tonight, with warmer air expected by Monday.