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.
New York City Mayor Zohran Mamdani signed an executive order Friday establishing the first-ever Mayor's Office of LGBTQIA+ Affairs.
Jews and Muslims came together at Temple Emanu-El on the Upper East Side in a shared call for peace Friday night.
The New York Knicks beat the Indiana Pacers 101-92 on Friday night.
The New York area is in for a mild weekend before the weather takes a turn to start the work week.
The Los Angeles Kings held off the New York Islanders 3-2 on Friday night.
New York City Mayor Zohran Mamdani signed an executive order Friday establishing the first-ever Mayor's Office of LGBTQIA+ Affairs.
Jews and Muslims came together at Temple Emanu-El on the Upper East Side in a shared call for peace Friday night.
The New York area is in for a mild weekend before the weather takes a turn to start the work week.
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 former New York state trooper has been found guilty of manslaughter in a high-speed crash that killed an 11-year-old child in 2020.
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.
Snow and rain will make for messy morning and evening commutes for New Yorkers on Tuesday. It's a First Alert Weather Day.
The New York area is in for a mild weekend before the weather takes a turn to start the work week.
At least 10 dead geese were recently found at Verona Park in Essex County, New Jersey.
Overhead wire problems at the Portal Bridge forced the suspension of some NJ Transit and Amtrak trains Friday.
A New Jersey toddler's death after falling more than 20 stories has prompted new legislation designed to ensure windows are properly guarded in apartment buildings across the state.
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.
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.
A father and son died in an overnight fire on Long Island. Kenneth Roberts, 42, and his son Mekhi, 12, were trapped in intense smoke inside a basement apartment.
Jones Beach will host a series of special events commemorating America's 250th birthday this summer.
A Long Island woman is reuniting with the NYU Langone medical team that helped deliver her baby after she suffered from kidney failure.
New York City Mayor Zohran Mamdani signed an executive order Friday establishing the first-ever Mayor's Office of LGBTQIA+ Affairs.
NYC Mayor Zohran Mamdani denounced Republican Sen. Tommy Tuberville's anti-Muslim social media post during a Ramadan event.
President Trump's comments came shortly after he said that the U.S. military had conducted "one of the most power bombing raids" on a vital Iranian oil hub.
A New Jersey toddler's death after falling more than 20 stories has prompted new legislation designed to ensure windows are properly guarded in apartment buildings across the state.
An aerial refueling tanker crashed in Western Iraq, U.S. officials said.
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.
Erik Lochtefeld is back to acting and marathon training after a glioblastoma diagnosis and complex surgery at NYU Langone.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Failed contract agreements between Mount Sinai and Anthem have caused thousands of New York patients to lose in-network care.
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."
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
Actress Daryl Hannah explains why the depiction of herself in the FX miniseries "Love Story" is unacceptable in an op-ed in Friday's New York Times.
Justin Timberlake is suing Sag Harbor to prevent the release of bodycam video of his 2024 arrest for driving while intoxicated on Long Island.
The New York Knicks beat the Indiana Pacers 101-92 on Friday night.
The Los Angeles Kings held off the New York Islanders 3-2 on Friday night.
Alexis Lafreniere had a goal and an assist to lead the New York Rangers to a 6-3 victory over the Winnipeg Jets on Thursday night.
The Hawks extended the NBA's longest current winning streak to eight games, beating the Nets 108-97 on Thursday night.
Mikael Backlund recorded his 600th career NHL point with a third-period goal in the Flames' 5-4 win over the Devils on Thursday night.
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.
Manhattan historians recently discovered a link to the Underground Railroad at the Merchant's House Museum.
The National Dance Institute in Harlem hosts a special camp twice a year to bring together dancers with and without special needs for a dance camp, proving anyone can take center stage.
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.
CBS News New York's Lonnie Quinn has your First Alert Forecast for March 13 at 11 p.m.
Jews and Muslims came together at Temple Emanu-El on the Upper East Side in a shared call for peace Friday night. CBS News New York's Naomi Ruchim reports.
A surprise performance by Alicia Keys caught Grand Central Terminal visitors off-guard Friday, stopping hundreds in their tracks. The free concert was part of Apple's 50th anniversary celebration. CBS News New York's Adi Guajardo was there.
The first case of mpox Clade I has been detected in New York City.
In a historic move Friday, Mayor Zohran Mamdani rolled out the Office of LGBTQIA+ Affairs, the first of its kind in the city. CBS News New York's Andrew Ramos reports.
