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.
New York City Mayor Zohran Mamdani says he's unleashing a citywide pothole repair blitz this weekend.
Here's how New Yorkers can go solar while protecting their pocketbooks.
Overhead wire problems at the Portal Bridge forced the suspension of some NJ Transit service Friday morning.
The U.S. military has confirmed that all six crew members were killed when an American KC-135 refueling plane taking part in the Iran war crashed in western Iraq.
Two towing companies were forced to pay back thousands after City Hall said they overcharged New Yorkers last year, so how are they still able to tow cars on behalf of the city?
New York City Mayor Zohran Mamdani says he's unleashing a citywide pothole repair blitz this weekend.
Here's how New Yorkers can go solar while protecting their pocketbooks.
Overhead wire problems at the Portal Bridge forced the suspension of some NJ Transit service Friday morning.
Two towing companies were forced to pay back thousands after City Hall said they overcharged New Yorkers last year, so how are they still able to tow cars on behalf of the city?
The NYC DEP has announced plans to clean Flushing Creek with chlorine, sparking outrage among some environmentalists.
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 Tri-State Area's weekend is looking like a tale of two seasons with both snow and sunshine.
Overhead wire problems at the Portal Bridge forced the suspension of some NJ Transit service Friday morning.
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.
Gov. Mikie Sherrill hosted a ceremonial first train ride across the Portal North Bridge, designed to replace the trouble-plagued, 116-year-old Portal Bridge that long caused delays for commuters.
Two of New Jersey's biggest cities, Jersey City and Newark, are joining a push to bring FIFA World Cup celebrations to local streets.
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.
A chilling cold case that goes back 52 years has been solved on Long Island, police say. DNA technology linked a former Oceanside sanitation worker to Barbara Waldman's 1974 murder.
Warmer weather has melted our frozen waterways, but that's giving rise to unusual hazards. The unusually cold winter uprooted docks, and sent debris into the bays and the Long Island Sound.
It will be rainy on Thursday morning, and the weather will change to snow as temperatures drop across the Tri-State Area.
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.
Gov. Mikie Sherrill hosted a ceremonial first train ride across the Portal North Bridge, designed to replace the trouble-plagued, 116-year-old Portal Bridge that long caused delays for commuters.
President Trump ordered the release of 172 million barrels of oil from the U.S.'s Strategic Petroleum Reserve on Wednesday, after oil prices rocketed to their highest levels in years amid the U.S.'s war with Iran.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
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.
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.
Zuby Ejiofor had 21 points as No. 13 St. John's opened the defense of last year's Big East Tournament title with an 85-72 win over Providence in the quarterfinals Thursday.
The New York Knicks rallied to beat the Utah Jazz 134-117 on Wednesday night to snap a two-game losing streak.
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.
NJ Transit President Kris Kolluri spoke with CBS News New York's Chris Wragge and Mary Calvi after a downed wire at the Portal Bridge snarled the morning commute.
Dan Sohail, 36, faces a number of federal and state charges, including hate crimes.
CBS News New York's Mary Calvi and Chris Wragge share their memories of their friend and colleague Ernie Anastos.
New York City Department of Consumer and Worker Protection Commissioner Samuel Levine said he thinks solar panels can be a great deal, but he advises consumers to slow down. CBS News New York's Mahsa Saeidi reports.
Prada is the latest luxury retailer to dress up its scaffolding to better match its high-end interiors.
