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.
Arrests were made outside Madison Square Garden on Wednesday as crowds once again started causing trouble during the Knicks NBA Finals game.
The Knicks set the record for the biggest NBA Finals comeback Wednesday night as they rallied from 29 points down to beat the Spurs 107-106.
Dozens of young girls unexpectedly emerged from a drain in the patio of a Rockland County restaurant Wednesday after taking an unauthorized trek underground.
The St. Louis Cardinals beat the New York Mets 9-2 on Wednesday to match a season high with their sixth straight victory.
Taylor Swift attended Game 4 of the NBA Finals between the Knicks and Spurs at Madison Square Garden on Wednesday.
Arrests were made outside Madison Square Garden on Wednesday as crowds once again started causing trouble during the Knicks NBA Finals game.
The Knicks set the record for the biggest NBA Finals comeback Wednesday night as they rallied from 29 points down to beat the Spurs 107-106.
Dozens of young girls unexpectedly emerged from a drain in the patio of a Rockland County restaurant Wednesday after taking an unauthorized trek underground.
Taylor Swift attended Game 4 of the NBA Finals between the Knicks and Spurs at Madison Square Garden on Wednesday.
An 88-year-old man was sentenced to life in prison Wednesday for murdering and dismembering a woman in Brooklyn in 2022.
Thursday and Friday will be First Alert Weather Days in the New York City area, with high temperatures and the chance for strong storms.
The Stamford Fire Department said high winds ripped the 3,000-square-foot flag off the pole atop the WWE building and sent it flying into electrical wires.
Storms hit the New York City area on Saturday, bringing damaging winds, hail and downpours across the region.
It's unseasonably warm in New York City on Wednesday as humidity adds to the summer-like weather. There's also a slight chance for showers in parts of the Tri-State Area.
It's back to feeling like spring, and even summer on some days, as warm weather and sunshine return to the New York area.
MetLife Stadium, which hosts its first match of the World Cup this Saturday, has undergone a transformation.
Several people were struck by a vehicle in Jersey City Wednesday morning. It happened at around 8:50 a.m. at Wilkinson and Ocean Avenues.
Thursday and Friday will be First Alert Weather Days in the New York City area, with high temperatures and the chance for strong storms.
NJ Transit riders were hit with more delays and cancellations during the Tuesday evening rush, raising questions about whether the system is ready to handle the thousands expected to attend the matches.
The 2026 FIFA World Cup is front and center in New York and New Jersey, where there are plenty of free watch parties and events happening.
A Long Island woman says her efforts to avoid check washing didn't keep her from being robbed, calling the experience "upsetting and disheartening."
The 2026 FIFA World Cup is front and center in New York and New Jersey, where there are plenty of free watch parties and events happening.
Workers in Nassau County are calling for Juneteenth to be an official public holiday, just like it already is in the rest of the state.
Prosecutors on Long Island announced a crackdown on what they're calling serial shoplifting.
An 18-year-old pleaded guilty Thursday to murder and weapons charges in connection to a deadly shooting at a Long Island house party in 2025.
The bench trial of former New York City Comptroller Brad Lander over his arrest at the city's immigration court last fall got underway on Wednesday in Manhattan.
Calls to ban horse carriages in New York City are growing after a horse collapsed and died in Central Park Tuesday.
Workers in Nassau County are calling for Juneteenth to be an official public holiday, just like it already is in the rest of the state.
Tom Homan, President Trump's border czar, is increasing his attacks on Gov. Kathy Hochul, threatening, yet again, to surge more ICE agents into New York.
NYC Mayor Zohran Mamdani is not on the ballot in the upcoming primaries, but he could be the deciding factor in whether two sitting congressmen are defeated.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
A New Jersey nonprofit called The Valerie Fund is celebrating 50 years of providing comprehensive care to children with cancer and blood disorders.
New Jersey Gov. Mikie Sherrill is urging people to donate blood ahead of the summer months.
There's no vaccine for the Bourbon virus, nor medicine to treat it, according to the U.S. Centers for Disease Control and Prevention.
Marie Francillion was diagnosed with lung cancer after she was feeling heartburn and shoulder pain. She said she's able to remain hopeful and spend more time with her family because of a different type of treatment.
Taylor Swift attended Game 4 of the NBA Finals between the Knicks and Spurs at Madison Square Garden on Wednesday.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
The Broadway revival of the musical (nominated for 11 Tony Awards) depicts drama, joy and heartbreak in the pursuit of the American Dream at the turn of the 20th century, with parallels to the contemporary world, from issues of race to the immigrant experience.
Madonna performed a surprise concert in Times Square weeks before the release of her "Confessions II" album.
Knicks superfan Spike Lee stopped by CBS Mornings to give his thoughts as the Knicks get set to play in the NBA Finals, and he offered his prediction, too.
The Knicks set the record for the biggest NBA Finals comeback Wednesday night as they rallied from 29 points down to beat the Spurs 107-106.
The St. Louis Cardinals beat the New York Mets 9-2 on Wednesday to match a season high with their sixth straight victory.
Hundreds of free World Cup tickets will be given to working families with kids, first responders and military families in the New York City area.
Jazz Chisholm Jr. drove in three runs, Carlos Rodón pitched six solid innings, and the Yankees completed a three-game sweep of the Guardians with an 8-4 win on Wednesday.
MetLife Stadium, which hosts its first match of the World Cup this Saturday, has undergone a transformation.
Harlem's historic Cotton Club recently announced it was up for sale. The news comes as jazz clubs across the borough disappear.
Jasir Gipson was shot by a stray bullet at 5 years old while walking with his mother. More than a decade later, he's graduating from high school with nothing but a smile.
Garbage piling up near freight train tracks is frustrating many Maspeth residents.
Residents and elected officials are urging the MTA to reopen the Long Island Rail Road's former Elmhurst station, arguing that the neighborhood has outgrown its current transit options.
Before there was a Brooklyn, there was a flagpole, and since the earliest days of our country, it stood as a symbol of freedom and self-determination.
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.
Knicks fans celebrated a record-setting NBA Finals Game 4 win Wednesday night. Watch team coverage from CBS News New York.
Watch the moment the CBS News New York team and fans witnessed the Knicks win Game 4 of the NBA Finals in a stunning come-from-behind victory.
The Knicks set the record for the biggest NBA Finals comeback Wednesday night as they rallied from 29 points down to beat the Spurs 107-106. Watch team coverage from CBS News New York.
CBS News New York's Lonnie Quinn has your First Alert Forecast for June 10 at 11 p.m.
The Apollo Theater's marquee lights are back on. A celebration was held Wednesday to mark the milestone.
