Joann closing all of its remaining stores and going out of business
Fabric and crafts retailer Joann is closing all of its remaining stores after failing to find a buyer that would keep them open.
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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.
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.
Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.
Rite Aid said it plans to shutter 154 locations across the nation, with many of the stores slated for closure in California and Pennsylvania.
The e-commerce company plans to relaunch its online store under Bed Bath & Beyond's banner in the coming weeks.
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.
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.
Some of the biggest names in sports and entertainment promoted crypto "Ponzi scheme" to investors, lawsuit alleges.
CEO Sam Bankman-Fried also resigned from FTX, which was facing a financial crunch and a federal probe.
Grocery store operator A&P is filing for Chapter 11 bankruptcy with plans to sell off stores as it faces increasingly tough competition.
Interfaith Medical Center in Brooklyn was set to begin shutting its doors this week, despite a public outcry.
The pre-planned Chapter 11 filing wiped out $1.2 billion of the casino's $1.5 billion in debt, by giving lenders an 82 percent ownership stake.
Allowing patrons to smoke is only one of several big changes the $2.4 billion resort is planning. Its bankruptcy filing read like a laundry list of mistakes and misfortunes that caused the much-heralded resort to struggle sine the day it opened last April.
The New Jersey-based owner of the Mandee, Annie Sez and Afaze clothing stores filed for Chapter 11 bankruptcy protection Monday, citing effects from Superstorm Sandy as the cause of its financial woes.
Interfaith Medical Center in Brooklyn has filed for Chapter 11 bankruptcy protection.
Now that the Los Angeles Dodgers have filed for Chapter 11 bankruptcy, the future of the franchise is uncertain. What would happen if the Dodgers returned to Brooklyn?
The additional closings would bring the remaining store total to about 400.
The U.S. Bankruptcy Court for the Southern District in New York will rule on whether a bid by a group of debtholders for $290 million should be approved.
The 40-year-old company plans to close about 200 of its 642 stores over the next few weeks. All of the stores closed will be superstores, Borders spokeswoman Mary Davis said.
A New York court has approved financing that will allow the Great Atlantic & Pacific Tea Co. to continue operating while under Chapter 11 bankruptcy protection.
Drumming, dance and hands-on workshops marked the 18th year the Brooklyn Children's Museum is hosting what leaders call New York City's largest family Kwanzaa festival.
It happened at the corner of Warburton and Ashburton Avenues at around 1:15 p.m.
A major winter storm is barreling down on the Tri-State Area, as New York and New Jersey both declared a state of emergency.
Suffolk County Police Commissioner Kevin Catalina blasted CVS for not releasing the surveillance video to police.
Smith previously played young Nala in "The Lion King" on Broadway.
Drumming, dance and hands-on workshops marked the 18th year the Brooklyn Children's Museum is hosting what leaders call New York City's largest family Kwanzaa festival.
It happened at the corner of Warburton and Ashburton Avenues at around 1:15 p.m.
A major winter storm is barreling down on the Tri-State Area, as New York and New Jersey both declared a state of emergency.
Suffolk County Police Commissioner Kevin Catalina blasted CVS for not releasing the surveillance video to police.
Trees will be turned into wood chips that are used to nourish other trees and plants across New York City.
A major winter storm is barreling down on the Tri-State Area, as New York and New Jersey both declared a state of emergency.
Shovels and plows will be out later Friday as people in New York City and the surrounding area prepare for a blast of winter.
It's a First Alert Weather Day for Friday evening into Saturday morning due to accumulating snow that could be heavy at times.
Forecast model data continues to suggest that a general 4–8-inch snowfall is likely with this system.
We've issued a First Alert Weather Day for Friday evening into Saturday morning due to snow.
A major winter storm is barreling down on the Tri-State Area, as New York and New Jersey both declared a state of emergency.
Smith previously played young Nala in "The Lion King" on Broadway.
Shovels and plows will be out later Friday as people in New York City and the surrounding area prepare for a blast of winter.
It's a First Alert Weather Day for Friday evening into Saturday morning due to accumulating snow that could be heavy at times.
Forecast model data continues to suggest that a general 4–8-inch snowfall is likely with this system.
A major winter storm is barreling down on the Tri-State Area, as New York and New Jersey both declared a state of emergency.
Suffolk County Police Commissioner Kevin Catalina blasted CVS for not releasing the surveillance video to police.
Shovels and plows will be out later Friday as people in New York City and the surrounding area prepare for a blast of winter.
It's a First Alert Weather Day for Friday evening into Saturday morning due to accumulating snow that could be heavy at times.
In Levittown, volunteers spent Christmas morning making dreams come true for children from struggling families.
Strikes against ISIS targets in Nigeria come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
Mamdani's team says the group of 48 includes "people from across fields and communities" and are "New Yorkers whose creativity, leadership and lived experience reflect the full life of the city."
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
A federal judge has given a green light to New York's so-called Green Light Law, rejecting the Trump administration's bid to stop the state from giving people driver's licenses without having them prove they're in the country legally.
Leaders in Paterson, N.J., are pushing back against Director of National Intelligence Tulsi Gabbard's remarks suggesting the city is working to impose Islamic law.
A spike in measles cases in Rockland County has New York health officials urging families to get vaccinated.
Researchers on Long Island say they've found physical evidence of PTSD in World Trade Center first responders.
In New York, cases of flu, RSV and COVID have spiked since Thanksgiving.
There are at least 500 sudden and unexpected deaths in the city each year, and in roughly a fifth of those cases, a genetic cause can be detected.
UnitedHealthcare and NewYork-Presbyterian have roughly two weeks to reach an agreement or thousands of Medicare Advantage members could be forced to find care elsewhere.
Smith previously played young Nala in "The Lion King" on Broadway.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
Comedian and actor Bowen Yang performed his final sketch on "SNL" Saturday night, after announcing his unexpected mid-season exit from the show.
A judge Friday voided the conviction of one of the two men found guilty of the 2002 killing of Run-D.M.C. star Jam Master Jay.
The special features interviews with Kathy Bates, Annette Bening, Albert Brooks, Michael Douglas, Kiefer Sutherland, Jerry O'Connell and Mandy Patinkin.
Adam Pelech scored the tiebreaking goal late in the third period, and the New York Islanders beat the New Jersey Devils 2-1 on Tuesday night.
Taylor Raddysh and Alexis Lafreniere scored 68 seconds apart in a five-goal third period for the New York Rangers in a 7-3 win over the Washington Capitals on Tuesday.
Anthony Edwards scored 38 points to help the Minnesota Timberwolves beat former teammate Karl-Anthony Towns for the first time and hold off the New York Knicks 115-104.
Michael Porter Jr. scored 28 points, as the Brooklyn Nets beat the Philadelphia 76ers 114-106.
The Mets jettisoned another core player Monday, trading second baseman Jeff McNeil to the Athletics for minor league right-hander Yordan Rodriguez.
Drumming, dance and hands-on workshops marked the 18th year the Brooklyn Children's Museum is hosting what leaders call New York City's largest family Kwanzaa festival.
Federal funding cuts have left local organizations struggling to meet growing needs, prompting a borough-wide fundraising push to support food access, housing and other essential services.
What began as a middle school project has grown into hundreds of handwritten messages left across New York City, offering encouragement to strangers and revealing how a small gesture can resonate for weeks.
NYC says center-running bus lanes will speed up commutes and improve safety on one of Brooklyn's busiest corridors, but critics aren't so sure.
Nine Brooklyn Football Club partner bars are collecting shelf-stable food and winter coats to benefit 10 local schools.
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.
Now in its 18th year, museum leaders say the event has become the largest family Kwanzaa celebration in New York City and a yearly tradition for many Brooklyn families.
A Long Island CVS employee was stabbed to death on Christmas night.
Craig Allen has the Tri-State Area's updated First Alert Forecast on CBS News New York.
New York Gov. Kathy Hochul shared her top concerns with the major winter storm hitting the Tri-State Area.
The bus driver was the only person on the bus and suffered minor injuries.
