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.
Snow and rain will make for messy morning and evening commutes for New Yorkers on Tuesday. A First Alert Weather Day will be in effect as rain will continue throughout the day.
Photographs of preserved bedrooms in Oscar-nominated film, "All the Empty Rooms," draw visitors into a stark reflection the human cost of gun violence.
Day 3 of the U.S.-Israeli war on Iran sees America's military death toll rise to four, and skies full of missiles as Persian Gulf allies take hits.
A terminally ill Bronx man made one final request from his hospital bed before he died. He wanted to say goodbye to his dogs and make sure they end up in a loving home.
Anders Lee scored the go-ahead goal in the final minute, rookie Matthew Schaefer had two more goals and an assist and the Islanders edged the Panthers 5-4 on Sunday.
Snow and rain will make for messy morning and evening commutes for New Yorkers on Tuesday. A First Alert Weather Day will be in effect as rain will continue throughout the day.
A terminally ill Bronx man made one final request from his hospital bed before he died. He wanted to say goodbye to his dogs and make sure they end up in a loving home.
Iranian-Americans marched in New York City on Sunday to celebrate the death of Ayatollah Ali Khamenei and 40 of his top officials.
Brian Anthony Moreland is a Tony Award-nominated producer who has worked on numerous hit shows and joins a short list of Black producers working on Broadway.
With the fate of Iran uncertain after Saturday's strikes by the United States and Israel, the shockwaves are being felt in the Tri-State Area.
Snow and rain will make for messy morning and evening commutes for New Yorkers on Tuesday. A First Alert Weather Day will be in effect as rain will continue throughout the day.
The Tri-State Area's weekend is looking like a tale of two seasons with both snow and sunshine.
Another round of snow is impacting the Tri-State Area Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
Pet owners should be extra cautious with their pets during and after the major winter snowstorm impacting the New York and New Jersey area.
Double-digit snow totals have been reported across New York, New Jersey and Connecticut as a major blizzard begins to wind down.
Snow and rain will make for messy morning and evening commutes for New Yorkers on Tuesday. A First Alert Weather Day will be in effect as rain will continue throughout the day.
With the fate of Iran uncertain after Saturday's strikes by the United States and Israel, the shockwaves are being felt in the Tri-State Area.
Several hundred protesters in Roxbury, N.J., took to the street Saturday expressing outrage over plans to build an ICE facility in their town.
The Tri-State Area's weekend is looking like a tale of two seasons with both snow and sunshine.
Neighbors of a home displaying hateful symbols in Woodland Park, New Jersey, say they have complained to police, but authorities said while it's disgraceful, it's still protected speech.
Snow and rain will make for messy morning and evening commutes for New Yorkers on Tuesday. A First Alert Weather Day will be in effect as rain will continue throughout the day.
A driver who allegedly struck and critically injured a Nassau County Police crossing guard on Long Island appeared in court Friday.
Four people were injured in a crash on the Long Island Expressway Friday morning.
A Long Island man accused of burning down four homes in the Pocono Mountains was arrested in New York City with a truck full of nitrous oxide.
Nassau County DA Anne Donnelly said Wen-Lone Chou stockpiled parts and tested the guns he built in a makeshift shooting range in his Mineola basement.
Iranian-Americans marched in New York City on Sunday to celebrate the death of Ayatollah Ali Khamenei and 40 of his top officials.
"Sadly, there will likely be more before it ends. That's the way it is. Likely be more," President Trump said after mentioning the three U.S. service members killed in the operation.
CBS News has learned that the casualties occurred among American personnel based in Kuwait.
President Trump posted on social media that Iranian Supreme Leader Ayatollah Ali Khamenei had been killed after a massive U.S. and Israeli military operation Saturday.
Local leaders across New York are reacting to the U.S. and Israel's major military operation in Iran.
For the first time in 30 years, the Food and Drug Administration has approved a new treatment for an inoperable type of pancreatic cancer.
NYSNA has reached a tentative contract agreement with NewYork-Presbyterian, signaling a potential end to the longest nurses strike in New York City history.
NYSNA ratified contracts with Montefiore and Mount Sinai, clearing the way for nurses to return to work Saturday after walking off one month ago.
The longest and largest nurses strike in New York City history is set to end after over three weeks as NYSNA says it has a tentative agreement.
Mount Sinai Health System and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 physicians are no longer considered in-network.
Brian Anthony Moreland is a Tony Award-nominated producer who has worked on numerous hit shows and joins a short list of Black producers working on Broadway.
Pokémon fans across New York City waited in live for special events marking the franchise's 30th anniversary.
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
Harvey Weinstein has hired Luigi Mangione's and Sean "Diddy" Combs' lawyers to represent him at his third New York rape trial.
Anders Lee scored the go-ahead goal in the final minute, rookie Matthew Schaefer had two more goals and an assist and the Islanders edged the Panthers 5-4 on Sunday.
James Harden scored 22 points in his return to the lineup with a broken thumb and the Cavaliers snapped a two-game skid with a 106-102 win over the Nets on Sunday.
Mikal Bridges had 25 points and Jalen Brunson scored 24 to power the Knicks over the Spurs, snapping their 11-game winning streak Sunday.
The New York Islanders beat the Columbus Blue Jackets 4-3 on Saturday night for their fourth straight win.
The New Jersey Devils beat the St. Louis Blues 3-1 on Saturday to end a five-game losing streak.
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.
Could New York City's harsh winter weather end up curbing the number of rats? Here's why experts are saying don't count on it.
A Jewish congregation in Brooklyn is fighting to save their historic house of worship.
Harlem's Lafayette Theatre is believed to be the first major New York City theater to desegregate, just a year after its opening.
Multiple rezonings in Queens are paving the way for tens of thousands of new units, but some residents worry about how it could affect their communities.
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.
The FDNY said four civilians and one firefighter have minor injuries after a fire in a Bronx apartment building.
A deadly shooting in Austin, Texas is now being investigated as possible terrorism with new information linking the suspect to New York.
A total lunar eclipse will turn the moon red Tuesday morning and will be visible in New York from 6:04 a.m. to 7:03 a.m.
CBS News New York's Christina Fan has the latest on the United States' war with Iran, while Elijah Westbrook says New York City can expect to see more demonstrations regarding the war.
Even with lots of sunshine in place, highs on Monday will only reach the low to mid 30s at best. Expect rain and a wintry mix in parts of the Tri-State Area Tuesday. CBS News New York Meteorologist Tony Sadiku has the latest forecast.
