Forever 21 Files For Bankruptcy And Will Close Up To 178 US Stores
Forever 21, the teenage clothing emporium that rode America's mall boom and bust, filed for Chapter 11 bankruptcy on Sunday.
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Forever 21, the teenage clothing emporium that rode America's mall boom and bust, filed for Chapter 11 bankruptcy on Sunday.
Sears and Kmart's parent company filed for bankruptcy, and it plans to close 142 of its worst-performing stores.
Sears, the once-dominant retail chain that changed how Americans shopped and lived, has filed for bankruptcy.
Brookstone filed for bankruptcy and will close its remaining 101 mall stores.
Detroit is released from state financial oversight 3 years after exiting the largest ever U.S. municipal bankruptcy.
Someone is betting $40,026 on the life of a 73-year-old lottery winner in Michigan.
An unusual auction in Michigan will turn the top bidder into an instant lottery winner on Thursday.
The winner will receive $1,000 a month as long as the ticket's original owner lives.
The filing came after the ex-representative failed to reach a settlement in a lawsuit by the manager of his 2012 campaign.
RadioShack has announced the Metro Detroit stores that will be closing as the retail chain enters bankruptcy.
The resort says in a statement that it "fully expects to continue normal operations throughout this process."
Detroit's long-term fiscal recovery plan was approved Friday by a bankruptcy judge and calls for $1.7 billion to remove blight and fix city services over the next 10 years.
Judge Steven Rhodes approved Detroit's plan to get out of bankruptcy, ending the largest public filing in U.S. history on Friday. Here's a look at the events leading up to that decision.
Judge Steven Rhodes said he's striking portions of a court filing by Syncora, a bond insurer that could lose millions of dollars in a trial that starts next week.
The tour, which was said to take just over three hours, covering 58 miles of a variety of the city's areas, came ahead of bankruptcy confirmation hearings.
A judge overseeing Detroit's bankruptcy is getting an earful from retirees who are opposed to the city's plan to get back on its feet.
Flint, too, also has suffered a spectacular drop in population and factory jobs and a corresponding rise in property abandonment.
Thousands of Detroit retirees and city employees must have their ballots on the city's plan of adjustment in the bankruptcy case turned in this week.
Experts are looking at ways for the cash strapped city to raise money have suggested increasing fines, and going after parking deadbeats.
"I want to say to everyone whose a resident of the city, no one is more aware of the hardship that this is going to cause to a number of different people than me," Kevyn Orr said.
Federal Judge Steven Rhodes has ruled that, under law, pensions can be cut in Detroit's bankruptcy.
"This entire process is illegal and it should be thrown out by Judge Rhodes." said one protester.
The city's emergency manager says after reforms and contract adjustments, Allen Park will avoid filing for Chapter 9 protection.
There are more than 20,000 Detroit city retirees whose pensions hang in the balance as the city moves through bankruptcy.
The city's biggest employee union, retirees and even a few dozen residents filed objections Monday to Detroit's request for bankruptcy protection.
A dozen people were safely rescued from the Detroit River Wednesday after multiple boats overturned near Belle Isle, the Detroit Fire Department said.
The U.S. men's national soccer team, which last appeared at the 2022 World Cup, will face Paraguay to kick off its 2026 World Cup.
CBS News Detroit is hearing more from those who knew the victims and the suspect in a quadruple homicide in Livonia, Michigan, on Tuesday.
Byron Buxton hit his 20th home run of the season, Royce Lewis also connected and the Minnesota Twins beat the Detroit Tigers 6-3 on Wednesday night.
Police are searching for a suspect who shot a man on Wednesday at a Wendy's in Eastpointe, Michigan.
Thousands of Michigan residents lost power after severe storms swept through the state on Wednesday.
The United Auto Workers announced on Wednesday a tentative agreement with American Axle in Three Rivers, Michigan, ending a 10-day strike.
CBS News Detroit is hearing more from those who knew the victims and the suspect in a quadruple homicide in Livonia, Michigan, on Tuesday.
A dozen people were safely rescued from the Detroit River Wednesday after multiple boats overturned near Belle Isle, the Detroit Fire Department said.
The U.S. men's national soccer team, which last appeared at the 2022 World Cup, will face Paraguay to kick off its 2026 World Cup.
The United Auto Workers announced on Wednesday a tentative agreement with American Axle in Three Rivers, Michigan, ending a 10-day strike.
American Axle, which is headquartered in Detroit, is a Tier 1 supplier to General Motors. UAW members have launched a strike at its Three Rivers site.
The UAW became known for fighting for higher wages, improved benefits and safer working conditions for workers across the auto industry.
Stellantis unveiled a nearly $70 million five-year strategic plan with the launch of new vehicles — including hybrids and EVs — over the next five years.
From classic cruisers to new memories still being made, the Woodward Dream Cruise remains a celebration of Michigan's automotive culture.
The 29th annual Michigan Lottery Arts, Beats & Eats festival kicks off Labor Day weekend in Royal Oak.
Joe Negri, known to many as Handyman Negri on "Mr. Rogers' Neighborhood," has died at the age of 99, just days shy of his 100th birthday.
Stephen Colbert, former host of "The Late Show," is helping raise money for the Michigan nonprofit Monroe Community Media after appearing on a broadcast of the organization's community access program "Only in Monroe" earlier this month.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
The U.S. men's national soccer team, which last appeared at the 2022 World Cup, will face Paraguay to kick off its 2026 World Cup.
Byron Buxton hit his 20th home run of the season, Royce Lewis also connected and the Minnesota Twins beat the Detroit Tigers 6-3 on Wednesday night.
After years of construction and decades of planning, the Gordie Howe International Bridge appears to be closer than ever to opening.
President Trump said the U.S. has taken out "millions" of barrels of Iranian oil in the dead of night, and said inflation will come down when the war ends.
The recall affects certain Honda Pilot, Ridgeline, Passport, and Acura MDX vehicles sold in 23 states and the District of Columbia.
New data from Flint's Rx Kids program shows an 18% reduction in preterm births and a 27% drop in low birth weights, and Detroit officials say they expect similar results as enrollment nears 3,000 families.
Feldman Automotive and the Wahlberg family teamed up to launch the outing six years ago, growing it into one of the region's top charity golf events.
Now out of the hospital, Tavaun Clark says he's focused on recovering and getting back to what he loves most, playing football this summer.
According to the U.S. Attorney's Office, the two people are accused of providing federal authorities with false statements after arriving at the McNamara Terminal on Jan. 25, 2026.
West Nile virus has been detected among mosquitoes in two locations near Grand Rapids, the Kent County Health Department said.
The U.S. men's national soccer team, which last appeared at the 2022 World Cup, will face Paraguay to kick off its 2026 World Cup.
Byron Buxton hit his 20th home run of the season, Royce Lewis also connected and the Minnesota Twins beat the Detroit Tigers 6-3 on Wednesday night.
Dillon Dingler had two homers among his four hits and drove in four runs, leading the Detroit Tigers to a 10-4 win over the Minnesota Twins.
2026 will be the final year for the Rocket Classic in Detroit.
Detroit Red Wings captain Dylan Larkin has requested a trade by submitting a three-team list of desired destinations, a person familiar with discussions confirmed to The Associated Press.
Four leaders appear in one-on-one conversations on CBS Detroit's Michigan Matters this Sunday to discuss their political futures and the road ahead in the 2026 midterms.
Bob Riney, president and CEO of Henry Ford Health, headlines Michigan Matters this Sunday, along with three other community champions who discuss important issues dissected at the Mackinac Policy Conference.
It's the fourth year the Detroit Grand Prix has been on the streets of the Motor City after moving from Belle Isle.
This week on Michigan Matters, the roundtable talks about the governor's race and the impact of former Detroit Mayor Mike Duggan.
The roundtable discusses the impact of rising gas prices and friction at the federal level with Canada and the U.S., and how it affects tourism.
Bill Gates told members of Congress on Wednesday that Jeffrey Epstein put his philanthropic work at risk, and that meeting him represented "a grave error in judgment." CBS News has this report.
A heat advisory is in effect on Thursday, the second day in a row, for Metro Detroit. There also is a potential for an organized line of thunderstorms to track across Southeast Michigan late Thursday. Here's a look at the forecast as it stands early in the day.
The city of Hamtramck is now looking for a new city manager after a sudden and contentious vote by the council to terminate Adel Al-Adlani.
A federal grand jury indicted eight people associated with the University of Michigan for allegedly being involved in conspiracies to threaten university leaders, law enforcement officials and businesses.
An investigation is ongoing after a shooting in Livonia on Tuesday left four people dead. A friend of one of the victims and a neighbor reacted to the tragedy.