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 New York Knicks outlasted the Brooklyn Nets 93-92 on Friday night for their fifth consecutive victory.
Nicholas Brendon was best known for his role as Xander Harris on all seven seasons of "Buffy the Vampire Slayer."
The Washington Capitals beat the New Jersey Devils 2-1 on Friday night.
Fifth-seeded St. John's beat Northern Iowa 79-53 on Friday night for its second NCAA Tournament victory since 2000.
A Florida man has been arrested in connection to a deadly Upper East Side hit-and-run.
A Florida man has been arrested in connection to a deadly Upper East Side hit-and-run.
A man was driving under the influence Thursday night when he struck two cyclists, killing one, the NYPD said.
New York and New Jersey lawmakers have announced a bipartisan, bi-state bill to address E-ZPass late fees.
The good Samaritan who helped a woman after she was randomly attacked and stabbed in Queens is speaking out.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
The New York City area will be under a wind advisory Monday with periods of heavy rain and severe thunderstorms expected across the region.
The New York area is in for a mild weekend before the weather takes a turn to start the work week.
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.
A New Jersey teen attending yeshiva school in Israel is back home after a journey that took him through three countries, at times on foot.
Gov. Mikie Sherrill accused ICE of ignoring the concerns of Roxbury residents after it bought the vacant warehouse on Route 46.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
Last year, electricity rates in New Jersey spiked more than almost any other state, according to a new congressional report.
Montclair School District Board of Education members broke down in tears as they voted to close Renaissance Middle School.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island was released to the media Friday.
It may not feel like spring right away, but Friday's weather does deliver a clear shift in the air in New York City.
A driver was indicted on manslaughter and assault charges Thursday in a deadly crash that killed two teenagers on Long Island back in January.
Tens of thousands of customers lost power across the New York-New Jersey area as severe weather whipped through the region.
New York and New Jersey lawmakers have announced a bipartisan, bi-state bill to address E-ZPass late fees.
Border czar Tom Homan is expected back on Capitol Hill later Friday for bipartisan talks.
It is unclear under what circumstances President Trump would authorize the use of U.S. troops on the ground in Iran.
The Dark Skies Protection Act is aimed at reducing artificial light between 11 p.m. and 5 a.m. across New York state.
Gov. Mikie Sherrill accused ICE of ignoring the concerns of Roxbury residents after it bought the vacant warehouse on Route 46.
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.
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.
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island was released to the media Friday.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.
Michael B. Jordan's best actor win at Sunday night's Academy Awards resonated at his alma mater, Arts High School in Newark.
The New York Knicks outlasted the Brooklyn Nets 93-92 on Friday night for their fifth consecutive victory.
The Washington Capitals beat the New Jersey Devils 2-1 on Friday night.
Fifth-seeded St. John's beat Northern Iowa 79-53 on Friday night for its second NCAA Tournament victory since 2000.
No. 4 seed Alabama rallied from an early double-digit deficit to beat 13th-seeded Hofstra 90-70 in a first-round game in the Midwest Region of the NCAA Tournament on Friday.
Top-seeded Arizona opened its NCAA Tournament run with a 92-58 victory over Long Island on Friday.
Members of the Apollo Theater, where Kiki Shepard left her mark for 15 years, reflect on her legacy after the Harlem icon's death at age 74.
The Rev. Al Sharpton is calling on New York City to help protect the Merchant's House Museum in Manhattan after a recent discovery revealed connections to the Underground Railroad.
A Harlem school is teaching students how to love, honor and care for their natural hair.
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.
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.
St. John's is headed to the Second Round of the NCAA men's basketball tournament after blowing out Northern Iowa. CBS News New York's Otis Livingston and Andrew Ramos report.
CBS News New York's Scott Padgett has your First Alert Forecast for March 20 at 11 p.m.
A driver is accused of running over two delivery workers in Harlem, killing one and critically injuring the other. It was all caught on camera. CBS News New York's Adi Guajardo reports.
Thousands more Marines and war ships are headed toward the Middle East, but President Trump says he's considering "winding down" the operation. CBS News New York's Lisa Rozner reports.
Body camera video was released late Friday showing Justin Timberlake's 2024 DWI arrest in the Hamptons. Timberlake sued to block the footage from being made public, but an agreement was reached. CBS News New York's Dick Brennan reports.
