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.
Saks Global, the parent company of three luxury department stores, filed for bankruptcy. CBS News New York's Aziza Schuler reports.
Once the deal is finalized, the seafood chain will operate under a new CEO — Damola Adamolekun, former chief executive of P.F. Chang's.
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 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.
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.
Seafood chain declared bankruptcy in May after struggling with slowing growth and mounting competition.
Giuliani himself asked for the dismissal, after months of missing court deadlines in his bankruptcy case.
Conspiracy theorist Alex Jones owes $1.5 billion for his false claims that the Sandy Hook Elementary School shooting was a hoax.
Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.
WeWork sought to transform the office space industry. Now the company is seeking Chapter 11 bankruptcy protection.
The Supreme Court has blocked for now a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the Sackler family.
The e-commerce company plans to relaunch its online store under Bed Bath & Beyond's banner in the coming weeks.
Bed Bath & Beyond will live on, online at least, after Overstock.com acquired the bankrupt retail chain's intellectual property assets for $21.5 million.
The e-commerce discounter bid $21.5 million at auction to keep the bankrupt retailer alive in name.
Online media company known for its edgy lifestyle content and documentaries was once valued at $5.7 billion.
Don't throw away those expired Bed Bath & Beyond single-item coupons just yet.
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
The company said its stores and websites will remain open and continue serving customers.
Wedding dress retailer cites "post-COVID environment and uncertain economic conditions," saying it's looking for a buyer.
Across the Atlantic, startup companies woke up Saturday to find that Silicon Valley Bank's U.K. business will stop making payments or accepting deposits.
Regal Cinemas is closing 39 more movie theaters across the United States. Is yours on the list?
Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
A New York City Council employee who was detained by ICE more than two months ago must be deported, a federal judge says.
Mets fans got a sneak peek Wednesday at the new food coming to Citi Field's menu for the 2026 season.
Someone used a drone to drop a package containing knives, a cellphone and drugs onto the grounds of an upstate New York prison, the staff says.
The NYPD commissioner is slamming the federal government for cutting counterterrorism funds as she says the city remains on a heightened terror alert for the foreseeable future.
More than two years after a fire destroyed their Queens building, tenants say repairs have not even begun. Now, they're taking their landlord to court.
A New York City Council employee who was detained by ICE more than two months ago must be deported, a federal judge says.
Mets fans got a sneak peek Wednesday at the new food coming to Citi Field's menu for the 2026 season.
Someone used a drone to drop a package containing knives, a cellphone and drugs onto the grounds of an upstate New York prison, the staff says.
The NYPD commissioner is slamming the federal government for cutting counterterrorism funds as she says the city remains on a heightened terror alert for the foreseeable future.
More than two years after a fire destroyed their Queens building, tenants say repairs have not even begun. Now, they're taking their landlord to court.
The New York City area will be under a wind advisory Monday with periods of heavy rain and severe thunderstorms expected across the region.
The New York area is in for a mild weekend before the weather takes a turn to start the work week.
It will be rainy on Thursday morning, and the weather will change to snow as temperatures drop across the Tri-State Area.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
Periods of rain will move through the New York area Thursday, but spring temperatures are on the way for the weekend.
Video shows firefighters dousing the smoldering roof of the structure on Old York Road in Branchburg, New Jersey.
Grubhub is launching New Jersey's first commercial food delivery by drone. CBS News New York has learned more about the high-tech service and how it's expected to work.
Officials say James Hadley, a New Jersey coach and educator, may have assaulted other victims.
Tens of thousands of customers lost power across the New York-New Jersey area as severe weather whipped through the region.
Michael B. Jordan's best actor win at Sunday night's Academy Awards resonated at his alma mater, Arts High School in Newark.
Tens of thousands of customers lost power across the New York-New Jersey area as severe weather whipped through the region.
Ten people and six vehicles were involved in the fatal accident on Long Island, according to New York State Police. Two people in their 80s were killed.
St. John's, Hofstra and LIU are playing in the 2026 NCAA men's basketball tournament as March Madness gets in full swing.
Prosecutors said Matthew Smith fended off efforts to hand over his car keys before the crash that killed Nassau County police officer Patricia Espinosa.
A Manorville breeder was charged with animal neglect after dogs and puppies were allegedly left alone in poor conditions as a blizzard struck New York.
The Mamdani administration has asked a court to allow them to stop representing former Mayor Eric Adams in a sexual assault case.
Mayor Zohran Mamdani celebrated his first St. Patrick's Day as mayor with a dramatic show of respect for groups he may have offended in the past.
New York Gov. Kathy Hochul and the MTA have filed a lawsuit against the Trump administration for withholding funds designed to extend the Second Avenue subway west into Harlem.
The Senate voted to begin a marathon debate on the SAVE America Act, an elections bill that President Trump has been pressing Republicans to pass.
A long-time New York City driver says he monitored his E-ZPass account and paid his tolls, but he was still hit with huge late fees.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
The first case of mpox clade I has been detected in New York City, health officials said Friday. Of the two types of mpox, clade I is known to cause more severe disease and death.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
New Jersey Sen. Andy Kim is opening up about his father's Alzheimer's diagnosis in hopes of helping others struggling like him to care for their loved ones.
A new study shows toxic forever chemicals known as PFAS may be entering the food chain on Long Island through contaminated soil, water and air.
Michael B. Jordan's best actor win at Sunday night's Academy Awards resonated at his alma mater, Arts High School in Newark.
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
Hollywood's biggest stars were honored at the 98th annual Academy Awards on Sunday. Here is what to know and how to watch the 2026 Oscars.
Legendary New York City television news anchor Ernie Anastos has died. His wife says he died early Thursday morning of pneumonia.
Ballerina Misty Copeland responded to controversial comments made by actor Timothée Chalamet when he appeared to dismiss the significance of ballet and opera, saying, "No one cares."
Mets fans got a sneak peek Wednesday at the new food coming to Citi Field's menu for the 2026 season.
The WNBA and its players' union reached a verbal agreement on a transformational new collective bargaining agreement early Wednesday morning, both sides said.
With the game tied going into the 9th, Eugenio Suárez smacked a double into left-center field to score pinch runner Javier Sonoja for what would prove to be the winning run.
Josh Hart scored a season-high 33 points on 12-of-13 shooting to lead the Knicks over the Pacers 136-110 on Tuesday night.
The New York Islanders beat the Toronto Maple Leafs 3-1 on Tuesday night.
The Rev. Al Sharpton is calling on New York City to help protect the Merchant's House Museum in Manhattan after a recent discovery revealed connections to the Underground Railroad.
A Harlem school is teaching students how to love, honor and care for their natural hair.
The NYC DEP has announced plans to clean Flushing Creek with chlorine, sparking outrage among some environmentalists.
Neighbors and local businesses in Long Island City, Queens, say rental trucks parked on streets are impacting daily operations.
Erik Lochtefeld is back to acting and marathon training after a glioblastoma diagnosis and complex surgery at NYU Langone.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Prediction markets are exploding in popularity, but not everyone is happy about it. On Tuesday, Arizona's attorney general charged the prediction market Kalshi with running an illegal gambling operation. Jo Ling Kent has the story.
The Senate has begun a marathon debate session over an elections bill dubbed the SAVE America Act. President Trump has been pushing for the legislation, claiming it's needed to prevent cheating, but Democrats argue it's really about voter suppression. Erica Brown reports from Capitol Hill.
A New York City Council employee who was detained by ICE more than two months ago must be deported, a federal judge says. The City Council speaker is calling the decision outrageous. CBS News New York's Lisa Rozner reports.
Mets fans, we hope you're hungry. Citi Field just showed off its menu additions for the 2026 season. CBS News New York's Vanessa Murdock shows us what's new.
CBS News New York's Lonnie Quinn has your First Alert Forecast for March 18 at 5:45 p.m.
