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.
Joey Ortiz went 3 for 3 and was a homer away from the cycle to help the Brewers defeat the Mets 4-3 on Wednesday.
There was a public hearing on Tuesday night over a proposed Islamic boarding school and mosque in the Long Island hamlet of Bay Shore.
New York City says the average bus speed on Fordham Road in the Bronx is 5 mph, which is why ground was broken Wednesday on a major redesign.
Jared Triolo and Jake Mangum hit run-scoring singles against Fernando Cruz in the 10th inning, lifting the Pirates to a 5-3 win over the Yankees in the opener of a day-night doubleheader.
The National Weather Service on Wednesday confirmed four tornadoes touched down in northern New Jersey and New York during severe storms on Tuesday.
There was a public hearing on Tuesday night over a proposed Islamic boarding school and mosque in the Long Island hamlet of Bay Shore.
New York City says the average bus speed on Fordham Road in the Bronx is 5 mph, which is why ground was broken Wednesday on a major redesign.
The National Weather Service on Wednesday confirmed four tornadoes touched down in northern New Jersey and New York during severe storms on Tuesday.
A man pretending to be a utility worker was arrested for brandishing a gun, grabbing a woman's neck and taking her purse, the NYPD said.
Sgt. Angel Rampersad was a 28-year-old from Ozone Park who died in an Iranian attack on an air base.
Severe weather impacted the entire region on Tuesday, with watches and warnings throughout the CBS News New York viewing area.
Stormy weather will return to the New York City area Tuesday after a brief reprieve.
Storms brought flooding rains, damaging winds, hail and lightning to New York and New Jersey on Saturday.
While the air quality is improving, haze still lingers as New Yorkers brace for upcoming rain and possibly severe storms Saturday.
A tornado warning was issued in parts of New Jersey on Thursday evening.
The National Weather Service on Wednesday confirmed four tornadoes touched down in northern New Jersey and New York during severe storms on Tuesday.
There were two confirmed tornadoes in northern New Jersey on Tuesday.
Severe weather impacted the entire region on Tuesday, with watches and warnings throughout the CBS News New York viewing area.
There have been major developments in the case of a social media influencer who was gunned down last summer on the Cross County Parkway in Westchester.
Two young children were killed during the crash in Barnegat Bay between Berkeley Township and Seaside Heights on Sunday night.
There was a public hearing on Tuesday night over a proposed Islamic boarding school and mosque in the Long Island hamlet of Bay Shore.
An electrical transformer caught fire outside the Nassau County Court Building on Long Island on Tuesday.
There was a special celebration at Long Island Children's Hospital on Tuesday for two facility dogs who bring comfort to young patients. CBS News New York's John Dias reports.
Studies show older adults are among the safest drivers on the road, but crashes involving seniors are on the rise.
Severe weather impacted the entire region on Tuesday, with watches and warnings throughout the CBS News New York viewing area.
New York City says the average bus speed on Fordham Road in the Bronx is 5 mph, which is why ground was broken Wednesday on a major redesign.
A June 1 trial date was set Wednesday for Nicolás Maduro and his wife to face drug trafficking charges.
New York City Mayor Zohran Mamdani conceded late Tuesday that the city does not have the authority to arrest Israeli Prime Minister Benjamin Netanyahu.
Despite promises of action from Mayor Zohran Mamdani, the blocks-long homeless encampments on the West Side of Manhattan continue to stir controversy.
An attorney representing an Upper East Side woman whose husband just died from Legionnaires' disease is planning to take legal action.
Thirty-four cooling towers at 33 buildings on the Upper East Side tested positive for live Legionella bacteria, the New York City Health Department announced Tuesday.
An attorney representing an Upper East Side woman whose husband just died from Legionnaires' disease is planning to take legal action.
Studies show older adults are among the safest drivers on the road, but crashes involving seniors are on the rise.
For the third day in a row, the NYC Health Department has announced a death in the Upper East Side Legionnaires' disease cluster.
A second death has been reported in connection to the Legionnaires' disease cluster on the Upper East Side, health officials said Saturday.
Madonna, Justin Bieber, BTS and Shakira each brought a bit of one of their hits to the World Cup's first halftime show in a whirlwind performance Sunday that also squeezed in Burna Boy, Ted Lasso and many Muppets.
Brenda Fricker won an Academy Award for 1989's "My Left Foot," played the Pigeon Lady in "Home Alone 2" and appeared in "A Time to Kill" and "So I Married an Axe Murderer."
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
The final show of Jay-Z's anniversary concert series at Yankee Stadium was delayed for hours after hundreds of ticketless fans flooded the gates and breached security, according to officials.
Jay-Z and some very special guests took over Yankee Stadium on Friday night, performing to a sold-out crowd.
Joey Ortiz went 3 for 3 and was a homer away from the cycle to help the Brewers defeat the Mets 4-3 on Wednesday.
Jared Triolo and Jake Mangum hit run-scoring singles against Fernando Cruz in the 10th inning, lifting the Pirates to a 5-3 win over the Yankees in the opener of a day-night doubleheader.
The New York Mets blanked the Milwaukee Brewers 4-0 on Tuesday night.
Jazz Chisholm Jr. homered in consecutive at-bats against All-Star Braxton Ashcraft and drove in five runs, powering the Yankees to an 8-5 victory over the Pirates on Monday night.
Cooper Pratt hit his first major league homer to help spoil Freddy Peralta's return to Milwaukee as the Brewers defeated the Mets 8-3 on Monday night.
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.
The FIFA World Cup is delivering a business boost for many bars and restaurants across New York City, but not every industry is seeing the same payoff.
Two Upper West Side children went on a mission to visit 40 playgrounds in one day, hoping to set a record.
Eddie Palmieri, the East Harlem legend who revolutionized Latin music, now has a street renamed in his honor.
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.
Police say a man pretended to be a Con Edison worker and robbed a woman at gunpoint in East Flatbush, Brooklyn, on Monday.
The National Weather Service on Wednesday confirmed four tornadoes touched down in northern New Jersey and New York during severe storms on Tuesday. CBS News New York's Scott Padgett and Christine Sloan report.
CBS News New York's Vanessa Murdock has more on the Missed Connections photobooth in the Village.
CBS News New York's Scott Padgett is calling for sunny skies, low humidity and a high of 79 on Thursday, and says the sun will stick around through the weekend.
Many neighbors say the facility shouldn't be in a residential neighborhood, while others say houses of worship should be welcomed anywhere. CBS News New York's Jennifer Bisram reports.
