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 Gov. Kathy Hochul isn't mincing words when it comes to U.S. Immigration and Customs Enforcement's actions in Minneapolis.
New York City Mayor Zohran Mamdani may have had a busy day managing the city's storm response, but he wasn't too busy to stop and help shovel a car that was stuck in the snow in Brooklyn.
Matty Beniers and Berkly Catton scored 18 seconds apart in the third period, Joey Daccord made 27 saves and the Kraken beat the Devils 4-2 on Sunday.
The New York City nurses strike is not over, but an agreement has been reached with the hospitals to maintain health care benefits.
The largest storm in years has delivered some serious snow totals in New York City and across the Tri-State Area.
New York Gov. Kathy Hochul isn't mincing words when it comes to U.S. Immigration and Customs Enforcement's actions in Minneapolis.
New York City Mayor Zohran Mamdani may have had a busy day managing the city's storm response, but he wasn't too busy to stop and help shovel a car that was stuck in the snow in Brooklyn.
The New York City nurses strike is not over, but an agreement has been reached with the hospitals to maintain health care benefits.
The largest storm in years has delivered some serious snow totals in New York City and across the Tri-State Area.
If you're looking to get out of New York City via LaGuardia Airport, you're going to have to wait a while.
The largest storm in years has delivered some serious snow totals in New York City and across the Tri-State Area.
The monster winter storm that New York City and the Tri-State Area have been bracing for is here, bringing heavy snow, sleet and frigid temperatures.
The NYC area is bracing for a major winter storm that's set to hit the region with heavy snow on top of dangerous, subfreezing weather.
New Yorkers could see 6-12 inches of snow from Sunday to Monday as feels-like temperatures drop below 0. A winter storm watch has been issued.
A winter storm is headed to the Tri-State Area with heavy snow expected. New Yorkers could see 6-12 inches Saturday night into Monday.
The largest storm in years has delivered some serious snow totals in New York City and across the Tri-State Area.
The monster winter storm that New York City and the Tri-State Area have been bracing for is here, bringing heavy snow, sleet and frigid temperatures.
Sherrill said NJ Transit service will stop running during the winter storm on Sunday, when heavy snow is forecast to bury the Tri-State Area.
The NYC area is bracing for a major winter storm that's set to hit the region with heavy snow on top of dangerous, subfreezing weather.
New Jersey auto body shops may be expecting to see more business after this weekend's winter storm.
The largest storm in years has delivered some serious snow totals in New York City and across the Tri-State Area.
If you're looking to get out of New York City via LaGuardia Airport, you're going to have to wait a while.
The monster winter storm that New York City and the Tri-State Area have been bracing for is here, bringing heavy snow, sleet and frigid temperatures.
The NYC area is bracing for a major winter storm that's set to hit the region with heavy snow on top of dangerous, subfreezing weather.
The Connetquot Central School District has been threatened with funding cuts unless it reinstates its old mascot name.
New York Gov. Kathy Hochul isn't mincing words when it comes to U.S. Immigration and Customs Enforcement's actions in Minneapolis.
The New York City nurses strike is not over, but an agreement has been reached with the hospitals to maintain health care benefits.
Mamdani said five New Yorkers died Saturday and were found outside.
The police chief said federal immigration enforcement "tactics are very obviously not safe, and it is generating a lot of outrage and fear in the community."
Instead of a snow day, New York City public school students will pivot to remote learning on Monday, the city announced.
Starting July 1, as many as 450,000 New Yorkers will lose EP coverage and be forced into marketplace health care plans.
Striking New York City nurses returned to the bargaining table Thursday, the New York State Nurses Association said.
Mayor Zohran Mamdani and Vermont Sen. Bernie Sanders joined striking New York City nurses on the picket line Tuesday.
New York City's largest nurses strike is now in Week 2 and it appears negotiations toward a deal remain at a standstill.
Negotiators for major New York City hospitals and the state nurses union returned to the bargaining table as the city's largest nurses strike enters a fifth day.
Pop superstar Harry Styles will open an unprecedented 30-show residency at Madison Square Garden, starting on Aug. 26 and ending on Oct. 31.
The nominees for the 98th annual Academy Awards were announced Thursday morning, and though "One Battle After Another," "Marty Supreme," "Frankenstein" and "Hamnet" were all nominated for plenty, it was "Sinners" that broke through with a record-smashing 16 nominations.
The FCC is warning that daytime talk shows and late-night programs must give equal time to opposing political candidates, taking aim at a genre of TV that has long drawn President Trump's ire.
The 2026 Songwriters Hall of Fame inductees were revealed on "CBS Mornings" on Wednesday. See the full list.
Channing Tatum is bringing "Magic Mike Live" to New York City, promising to "turn up the gas" on the popular show.
Matty Beniers and Berkly Catton scored 18 seconds apart in the third period, Joey Daccord made 27 saves and the Kraken beat the Devils 4-2 on Sunday.
Jalen Brunson scored 31 points, as the New York Knicks defeated the 76ers, 112-109.
Jason Tucker scored twice and Alex Lyon stopped 26 shots and tied a Buffalo record with his ninth straight victory as the Sabres beat the Islanders 5-0 Saturday.
St. John's rallied from a 16-point deficit in the second half to defeat Xavier 88-83, giving Rick Pitino his 900th victory.
The Boston Celtics outlasted the lottery-bound Brooklyn Nets 130-126 in double overtime on Friday night.
A critical seasonal blood shortage is prompting renewed calls for New Yorkers to donate.
Puppet shows, peaceful protests and acts of service helped families reflect on Dr. Martin Luther King Jr.'s legacy through a child's perspective.
Nearly 100 tenants from three different buildings managed by A&E Real Estate on the Upper West Side rallied on Monday.
A group in Queens has banded together to revive landlines and give their children a simpler way to socialize.
A city-approved plan to rezone a stretch of Atlantic Avenue is expected to bring thousands of new apartments to Brooklyn, but tenant advocates say the deal falls short for lower-income residents and could accelerate displacement.
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.
New York City streets will be in good shape Monday, but drivers should still use caution, Department of Sanitation Deputy Commissioner Joshua Goodman told CBS News New York.
CBS News New York spoke to New York City Emergency Management First Deputy Commissioner Christina Farrell on Sunday evening to get an update on the winter storm.
Hizzoner is also prepping for a fully remote day of school on Monday. CBS News New York's Lisa Rozner reports.
CBS News New York's Carolyn Gusoff spoke to business owners who tried to stay open as long as they could on Sunday.
Neighbors helped neighbors on Sunday as car after car got stuck trying to navigate deep snow and later sleet throughout the borough. CBS News New York's Dave Carlin reports.
