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.
Steven Schwally will be in a Long Island courtroom Wednesday morning after a jury found him guilty of killing four people when he crashed into a Deer Park nail salon in 2024.
Six people are hurt after a fire broke out at a home in the Woodhaven section of Queens early Wednesday morning, firefighters said.
A man says he saved his wife and her friend after their tour boat capsized near Liberty Island last weekend.
There was a show of support Tuesday night outside Yorktown Justice Court, where a former New York City police officer faced charges in the shooting death of a dog named Luke.
Ryan McMahon and Trent Grisham each hit a two-run single in the seventh inning to send the Yankees past the slumping Mariners 4-1 on Tuesday night.
Six people are hurt after a fire broke out at a home in the Woodhaven section of Queens early Wednesday morning, firefighters said.
A man says he saved his wife and her friend after their tour boat capsized near Liberty Island last weekend.
There was a show of support Tuesday night outside Yorktown Justice Court, where a former New York City police officer faced charges in the shooting death of a dog named Luke.
After last weekend's boating tragedy near Liberty Island, there are many questions about boating safety. The U.S. Coast Guard has what you need to know to make sure a boat and its driver are safe and legal.
Rafael Rubio, the New York City Council worker who was detained and released by U.S. Immigration and Customs Enforcement, has now been granted asylum.
The potential for severe storms and downpours returns to the Tri-State Area Monday as sweltering temperatures continue.
Monday will be a First Alert Weather Day due to the possibility of afternoon and evening thunderstorms and high heat indices near 100 degrees.
The New York area will get some brief relief Sunday from the humid weather.
Friday evening brought yet another round of prolific thunderstorms to the Tri-State Area.
A 16-year-old boy was killed after he was hit Wednesday night by a Metro-North train going from Danbury to South Norwalk, police said.
Police have made an arrest after a mother and child were hit crossing the street Tuesday morning in New Jersey.
New technology is being installed at Newark that will help track planes and vehicles moving around the airport.
Four suspects pulled off a brazen smash-and-grab robbery inside a Woodbridge, New Jersey, jewelry store over the weekend.
The potential for severe storms and downpours returns to the Tri-State Area Monday as sweltering temperatures continue.
Residents of a Newark apartment complex got a startling wakeup call Sunday morning when police in tactical gear, responding to reports of multiple people shot, stormed their building.
Steven Schwally will be in a Long Island courtroom Wednesday morning after a jury found him guilty of killing four people when he crashed into a Deer Park nail salon in 2024.
Rafael Rubio, the New York City Council worker who was detained and released by U.S. Immigration and Customs Enforcement, has now been granted asylum.
Ethan Funk, a 20-year-old Long Island college student, can tell you what day of the week any particular date fell on, regardless of how long ago it was.
A Long Island college student is wowing people with what his mom calls his "superpower." CBS News New York's John Dias reports.
The man who shot and killed Monroe University basketball player Amira McLeod has been sentenced to 20 years to life in prison. CBS News New York's Jennifer McLogan reports.
Democratic Rep. John Larson — who has represented central Connecticut since the late 1990s — lost his party's primary Tuesday to former Hartford Mayor Luke Bronin, CBS News has projected.
Rafael Rubio, the New York City Council worker who was detained and released by U.S. Immigration and Customs Enforcement, has now been granted asylum.
President Trump is weighing in on New York City's new pied-à-terre tax, a day after a judge on Staten Island temporarily blocked implementation of the controversial measure.
Back in March 1994, Yossi Spalter traveled on a van with his Yeshiva classmates from Manhattan to Crown Heights over the Brooklyn Bridge. The trip changed his life.
A judge on Staten Island has temporarily blocked implementation of New York City's new pied-à-terre tax.
New Yorkers who buy their own health insurance could pay more as insurers file requests with the State Department of Financial Services to increase premiums.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
The New York Hotel and Gaming Trades Council claims The High Line Hotel tested positive for Legionella bacteria twice this summer.
Several lawsuits were announced Thursday against New York City and others connected to a deadly 2025 Legionnaires' outbreak in Harlem.
Gov. Kathy Hochul signed new legislation Wednesday to strengthen inspections on cooling towers in New York City.
Actor and comedian Bowen Yang will portray Mary Todd Lincoln in Broadway's "Oh, Mary!" for a limited 12-week run starting in September.
Designer John Galliano is known for his theatrical and dramatic designs, but his legacy is also marked by antisemitic and racist comments.
"The Sopranos" actor Vincent Pastore is being remembered as a fixture in his Bronx community.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
A new Broadway show based on Prince's movie and album "Purple Rain" will take the stage at Broadway's Majestic Theatre in March.
Ryan McMahon and Trent Grisham each hit a two-run single in the seventh inning to send the Yankees past the slumping Mariners 4-1 on Tuesday night.
Martín Pérez pitched six more scoreless innings, Ozzie Albies and Matt Olson homered, and the Atlanta Braves beat the New York Mets 4-0.
LeBron James will return to Los Angeles on Christmas Day in 2026, and the Sixers will open the season in New York against the Knicks.
Brett Baty hit the first grand slam of his career and the Mets held off the Braves 8-5 on Monday night for their sixth win in seven games.
The New York Mets routed the Pittsburgh Pirates 11-1 on Sunday afternoon.
Some residents of a Queens building say a temporary boiler truck parked outside has become a nearly two-year fixture, emitting smoke they say drifts into their homes.
Harlem Week 2026 brings past and present Harlemites together to honor the neighborhood's legacy.
Parents in Harlem say their children's walk to summer camp is littered with trash, illegal dumping and a growing encampment.
A specialized program from God's Love We Deliver is serving nearly 400 veterans with medically tailored meals, while helping combat isolation and ease the challenges of life after military service.
The Newtown Creek Alliance community science project gives students hands-on experience monitoring the health of one of the most polluted waterways in the U.S.
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 NYPD said officers were responding to a robbery when they collided with another car in Brooklyn.
A man was taken to the hospital and is stable after being shot in the head Tuesday night, police said.
It's mostly sunny to partly cloudy, with decreasing humidity on Wednesday. CBS News New York Meteorologist Scott Padgett has the forecast.
A driver who killed four people when he crashed into a nail salon on Long Island will be sentenced Wednesday. CBS News New York's Elijah Westbrook reports.
Firefighters responded early Wednesday morning to a house fire in the Woodhaven section of Queens. CBS News New York's Christina Fan reports.
