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.
The brutal winter took out much of Southold Town Beach's sand and parking lot, forcing it to close for swimming this summer.
The Drug Enforcement Administration announced the bust of three fentanyl packaging mills in New York City on Friday.
Mamdani has made progress on his ambitious agenda over the first 100 days, including a plan for free universal child care, but his other major promises are still up in the air.
It's been one year since Peishuan Fan and JuanJuan Zwang, a wealthy Long Island couple, vanished without a trace.
A man was shot and killed Friday just steps away from a church in New York City, the NYPD says.
The brutal winter took out much of Southold Town Beach's sand and parking lot, forcing it to close for swimming this summer.
The Drug Enforcement Administration announced the bust of three fentanyl packaging mills in New York City on Friday.
Mamdani has made progress on his ambitious agenda over the first 100 days, including a plan for free universal child care, but his other major promises are still up in the air.
It's been one year since Peishuan Fan and JuanJuan Zwang, a wealthy Long Island couple, vanished without a trace.
A man was shot and killed Friday just steps away from a church in New York City, the NYPD says.
New York City and the Tri-State Area are finally turning the corner to warmer weather next week.
When UConn plays Michigan for the NCAA Men's Basketball championship tonight in Indianapolis, there are a few places in New York City where fans can root on their schools.
The average price for a gallon of gas in New York City is now $4.11, which is 82 cents higher than a month ago, according to AAA.
Rain has returned for Easter Sunday in the New York area after the holiday weekend kicked off with May-like weather.
UConn's jaw-dropping buzzer beater catapulted them to the Final Four.
New York City and the Tri-State Area are finally turning the corner to warmer weather next week.
Kishan Patel, who was shot by a former NYPD officer in 2024, has returned home after more than a year of rehab.
Spring has sprung, but piles of snow are still melting in New Jersey more than six weeks after a blizzard slammed the Tri-State Area.
The burglars smashed into the Perth Amboy business within seconds and then came face-to-face-with the owners.
A New Jersey family's beloved dog has been returned after it was apparently taken right off their back porch.
The brutal winter took out much of Southold Town Beach's sand and parking lot, forcing it to close for swimming this summer.
It's been one year since Peishuan Fan and JuanJuan Zwang, a wealthy Long Island couple, vanished without a trace.
Gilgo Beach serial killer Rex Heuermann answered a judge's preliminary questions before pleading guilty to murdering seven women and admitting to killing an eighth.
Rex Heuermann pleads guilty to murdering seven women tied to the years-long Gilgo Beach serial killer investigation.
Gilgo Beach serial killer Rex Heuermann pleaded guilty to seven counts and admitted guilt in the death of an eighth woman.
Mamdani has made progress on his ambitious agenda over the first 100 days, including a plan for free universal child care, but his other major promises are still up in the air.
Engel represented parts of Westchester County and the north Bronx in the House of Representatives for over 30 years from 1989-2021.
Former Vice President Kamala Harris said that she might run for president in 2028, telling a gathering in New York that she is considering mounting a third bid for the White House.
New York City Mayor Zohran Mamdani is marking 100 days in office Friday as he continues to pursue his ambitious policy agenda.
New York City business owners are pushing on the State Legislature to pass Gov. Kathy Hochul's reforms that would roll back some of the climate legislation passed by New York state in 2019.
Advocates fear New York state could be taking a step back when it comes to biomarker testing access for those with Medicaid.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
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.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Atlanta rapper Gucci Mane was lured to a Dallas studio for a meeting, then allegedly kidnapped and robbed by a group including rappers Pooh Shiesty and Big30.
Megan Thee Stallion was released from a New York City hospital after she got sick during a performance of "Moulin Rouge! The Musical."
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Eduardo Rodríguez outdueled Nolan McLean in a rematch of the World Baseball Classic final on Thursday night, leading the Diamondbacks to a 7-1 win over the Mets.
The Knicks stayed alive in the race for the No. 2 seed in the Eastern Conference with a 112-106 victory over Jayson Tatum and the Celtics on Thursday night.
The Pacers snapped a three-game skid with a 123-94 win over the Nets on Thursday night.
The Islanders defeated the Maple Leafs 5-3 on Thursday night in Peter DeBoer's first game as New York's coach.
The Pittsburgh Penguins clinched a playoff spot by defeating the New Jersey Devils 5-2 on Thursday night.
New York City business owners are pushing on the State Legislature to pass Gov. Kathy Hochul's reforms that would roll back some of the climate legislation passed by New York state in 2019.
Ismael Ox lost his right hand as a child in a grenade attack, survived homelessness in the U.S., and became a citizen, all while training to represent Team USA in para Taekwondo.
These kids from Brooklyn are playing tennis in their school hallways, cafeterias and auditoriums, to make the most of limited space and resources.
Preparations for Passover in Brooklyn blend centuries-old rituals with modern traditions unique to each family.
New York has filed a lawsuit against solar company Attyx, saying it didn't just sell panels, it sold promises it couldn't keep.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
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.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The stars of the Broadway musical "Ragtime" gave a special performance at the Union Square subway station Friday. CBS News New York's Dave Carlin reports.
With just over two months to go until the FIFA World Cup begins, the New York-New Jersey host committee has announced its ambassadors.
First responders found an osprey tangled in a fishing line and stuck on a tree branch in Port Washington.
A beloved Long Island beach is losing its battle with erosion. The brutal winter took out much of its sand and parking lot. As CBS News New York's Carolyn Gusoff reports, the North Fork gem will be closed for swimming this summer.
Former Mayor Eric Adams said he is now an honorary Albanian citizen.
