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 Hunter College professor is under fire for comments caught on a hot mic during a Zoom meeting. Some are calling the remarks racist.
The Cavaliers pulled away in the second half for a 109-94 victory over the Knicks on Tuesday night.
The Mavericks beat the Nets 123-114 on Tuesday night after both teams arrived in New York earlier in the day.
President Trump defended his first year back in office in his 2026 State of the Union address, touting his record on immigration, the economy, tariffs and more.
Authorities in the San Francisco Bay Area have arrested three people from the East Coast on suspicion of identity theft in an alleged bank fraud case, including a woman who was reported missing several months ago.
A Hunter College professor is under fire for comments caught on a hot mic during a Zoom meeting. Some are calling the remarks racist.
Two dogs are safe on Long Island after a terrifying run on Sunrise Highway in the middle of Monday's blizzard.
New York City Mayor Zohran Mamdani is calling on New Yorkers to treat police with respect after video shows some officers getting pelted with snowballs Monday.
New York City Public School students returned to in-person classes Tuesday morning as the city continued to dig out following Monday's historic blizzard.
Another round of snow will impact the Tri-State Area on Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
Another round of snow will impact the Tri-State Area on Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
Pet owners should be extra cautious with their pets during and after the major winter snowstorm impacting the New York and New Jersey area.
Double-digit snow totals have been reported across New York, New Jersey and Connecticut as a major blizzard begins to wind down.
The storm has started to wrap up in New York City, New Jersey and beyond, with impressive snow totals left in its wake.
A blizzard warning has been issued for New York City and the surrounding area as a major snowstorm develops along the coast.
New Jersey is facing a lawsuit over a recent directive limiting immigration operations in state-controlled buildings.
New Jersey Gov. Mikie Sherrill commended the state's response to the major blizzard, but she said they aren't out of the woods yet.
Another round of snow will impact the Tri-State Area on Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
The Long Island Rail Road, NJ Transit and other commuter rails are running Tuesday but with modified schedules after a major snowstorm hit the Tri-State Area.
NJ Transit will be back in action on Monday afternoon, with limited service beginning to ramp up after 4 p.m.
Another round of snow will impact the Tri-State Area on Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
The Long Island Rail Road, NJ Transit and other commuter rails are running Tuesday but with modified schedules after a major snowstorm hit the Tri-State Area.
Pet owners should be extra cautious with their pets during and after the major winter snowstorm impacting the New York and New Jersey area.
Double-digit snow totals have been reported across New York, New Jersey and Connecticut as a major blizzard begins to wind down.
The storm has started to wrap up in New York City, New Jersey and beyond, with impressive snow totals left in its wake.
President Trump defended his first year back in office in his 2026 State of the Union address, touting his record on immigration, the economy, tariffs and more.
New Jersey Gov. Mikie Sherrill commended the state's response to the major blizzard, but she said they aren't out of the woods yet.
President Trump delivered the 2026 State of the Union address before a joint session of Congress Tuesday night. See a full replay here.
FedEx sued the Trump administration over its tariffs on Monday, asking for a "full refund" of all payments it made to the government under a set of tariff policies that were ruled illegal by the Supreme Court.
Military planners are advising President Trump that any strike on Tehran's assets would almost certainly not be a singular, decisive blow.
For the first time in 30 years, the Food and Drug Administration has approved a new treatment for an inoperable type of pancreatic cancer.
NYSNA has reached a tentative contract agreement with NewYork-Presbyterian, signaling a potential end to the longest nurses strike in New York City history.
NYSNA ratified contracts with Montefiore and Mount Sinai, clearing the way for nurses to return to work Saturday after walking off one month ago.
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Mount Sinai Health System and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 physicians are no longer considered in-network.
Nick Reiner, 32, was charged with two counts of murder in the killing of his parents, Rob Reiner and Michele Singer Reiner.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
In April 2025, Eric Dane announced he had been diagnosed with amyotrophic lateral sclerosis, or ALS.
Springsteen is taking his "Land Of Hope And Dreams American Tour" nationwide starting in the spring.
"The Late Show" host Stephen Colbert criticized CBS on Monday night, saying the network blocked his interview with U.S. Senate hopeful James Talarico from airing.
The Cavaliers pulled away in the second half for a 109-94 victory over the Knicks on Tuesday night.
The Mavericks beat the Nets 123-114 on Tuesday night after both teams arrived in New York earlier in the day.
Karl-Anthony Towns had 28 points and 11 rebounds for his NBA-leading 39th double-double and the Knicks outlasted the sliding Bulls 105-99 on Sunday night.
Nicolás Fernández scored on a penalty kick in the second half and New York City FC tied the Los Angeles Galaxy 1-1 in a season opener before a sellout crowd of 30,510 at Dignity Health Sports Park.
The Milan Cortina Olympics ended Sunday with a closing ceremony inside the ancient Roman amphitheater, Verona Arena.
Multiple rezonings in Queens are paving the way for tens of thousands of new units, but some residents worry about how it could affect their communities.
Residents and skate advocates clash over a proposed Mount Prospect Park skate facility, as city officials promise an updated design this spring.
A Brooklyn community is fighting to turn a forgotten landmark into a heritage center.
Edward R. Murrow High School's new boiler system cuts emissions while doubling as a hands-on sustainability lesson for students.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
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 Scott Padgett has your First Alert Forecast for February 24 at 11 p.m.
A Long Island dog owner dug a snow tunnel in her backyard so her pups could have some fun after the blizzard.
A New York state trooper was struck by a vehicle during a traffic stop in Duane.
The NYPD is searching for at least four people they say assaulted police officers with snowballs. CBS News New York's Andrew Ramos reports.
President Trump delivered his 2026 State of the Union address Tuesday. The president defended his record and laid out his agenda. CBS News New York's Dick Brennan reports.
