Eddie Bauer's retail operator declares bankruptcy
Eddie Bauer, a 106-year-old retailer, points to declining sales and "tariff certainty" as factors behind its latest move to seek bankruptcy protection.
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Eddie Bauer, a 106-year-old retailer, points to declining sales and "tariff certainty" as factors behind its latest move to seek bankruptcy protection.
The increase in bankruptcy filings comes as Americans face a slate of economic pressures, from sticky inflation to elevated borrowing costs.
The venerable retailer is seeking protection from its creditors after its $2.65 billion purchase of Nieman Marcus failed to spark growth.
More than 8,000 stores closed across the U.S. this year, according to retail industry data, including these well-known brands.
iRobot, which introduced the Roomba vacuum cleaner in 2002, vows to continue supporting its products despite Chapter 11 filing.
Genesis HealthCare's bankruptcy case in Dallas will allow the nursing home chain to avoid paying millions of dollars it promised for residents who were injured or died while in its care.
Spirit Airlines is ending service in nearly a dozen U.S. cities this week. The cuts could impact more than just those who fly with the budget airline.
Spirit Airlines again filed for bankruptcy protection from its debts only months after emerging from Chapter 11.
California's tough business environment makes it hard for retailers to survive, a top Bed Bath & Beyond executive said.
Shares of Spirit Aviation Holdings, the parent company of Spirit Airlines, plummeted on Tuesday after the company warned of "substantial doubt" about its ability to stay in business. CBS News senior transportation correspondent Kris Van Cleave has more.
Bed Bath & Beyond, which shut all its stores more than two years ago after filing for bankruptcy, is back. The company, rebranded as Bed Bath & Beyond Home, opened a brick-and-mortar store in Nashville, Tennessee, on Friday.
Bankruptcy filing alleges Steward Health Care executives siphoned $245 million from needy hospitals.
Del Monte Foods, producer of canned fruits and vegetables, initiatied Chapter 11 proceedings on Monday and is seeking a buyer.
As part of the bankruptcy proceedings, 26 At Home stores across the United States will close.
Once the deal is finalized, the seafood chain will operate under a new CEO — Damola Adamolekun, former chief executive of P.F. Chang's.
Lisa Seigies, president and CEO of Variety Wholesalers, which purchased assets from the Chapter 11 bankruptcy of Big Lots last year, speaks to "CBS Mornings" about reopening stores and the impact of President Trump's tariffs.
Regeneron, a biotech company, will acquire 23andMe for $256 million and vowed to comply with the genetic testing company's privacy policies.
Record consumer debt, years of steep inflation and other factors are driving more Americans to considering filing for bankruptcy.
Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy bankruptcy case says.
Fabric and crafts retailer Joann is closing all of its remaining stores after failing to find a buyer that would keep them open.
Apple has committed to investing $500 billion in the U.S. over the next four years. CEO Tim Cook says the investment will include the creation of a 250,000-square-foot artificial intelligence server manufacturing factory near Houston. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Inflation and high interest rates contributed to the Big Lots' bankruptcy, but a deal with Gordon Brothers Retail Partners will keep hundreds of stores open. CBS News contributor Javier E. David has more.
Big Lots has reached a deal that will keep hundreds of its stores open after filing for bankruptcy protection earlier this year.
The Container Store said it is filing for bankruptcy protection after years of losses and declining sales.
Party City informed employees in an email on Friday that it was conducting an immediate "mass layoff" at its headquarters.
President Trump said Friday that the U.S. military had conducted "one of the most power bombing raids" on Iran's Kharg Island, a vital oil hub for the country.
A federal judge has quashed a pair of grand jury subpoenas sent to the Federal Reserve Board as part of a criminal probe by U.S. Attorney Jeanine Pirro's office.
Matt Floca will be the new CEO and executive director of the Kennedy Center, President Trump announced.
The stolen gun used in the Old Dominion University was sold this week to the shooter for $100, according to a federal law enforcement affidavit.
The U.S. military has confirmed that all six crew members were killed when an American KC-135 refueling plane taking part in the Iran war crashed in western Iraq.
Jan Carey was facing two misdemeanor criminal counts in Washington, D.C., federal court.
Nine defendants were on trial on charges related to the July 4 attack on the Prairieland ICE detention center in North Texas.
The attacker rammed a vehicle into Temple Israel in West Bloomfield and opened fire, but he was the only one killed, law enforcement officials said.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Clinton, New Jersey, is known primarily for its old grist mill, its quaint downtown, and its historic resident, "Dave the Rave."
Jan Carey was facing two misdemeanor criminal counts in Washington, D.C., federal court.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
The stolen gun used in the Old Dominion University was sold this week to the shooter for $100, according to a federal law enforcement affidavit.
Matt Floca will be the new CEO and executive director of the Kennedy Center, President Trump announced.
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
Planning a trip? Travel experts recommend booking your flight soon as the Iran war drives up airline and ticket costs.
Two Democratic lawmakers are proposing tax reforms that would eliminate federal income taxes for millions of Americans.
Parts defect affecting Highlander and Highlander Hybrid vehicles can increase the risk of injury, according to a safety notice. Here's what to know.
GDP grew at a sluggish 0.7% pace in the final months of 2025 as the government shutdown hurt economic activity.
Jan Carey was facing two misdemeanor criminal counts in Washington, D.C., federal court.
Matt Floca will be the new CEO and executive director of the Kennedy Center, President Trump announced.
A security detail has been requested from the federal health department's inspector general for top federal housing official Bill Pulte.
Richard Kahn, who worked closely with Epstein for more than a decade, testified before the Oversight Committee on Wednesday.
The Kennedy Center is set to close for two years on July 4.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Crystalline silica, which is released into the air when workers cut and polish engineered stone for kitchen countertops, can scar human lungs beyond repair.
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
The latest release of oil follows historic withdrawals from the Biden administration to combat gas prices from the Ukraine war.
Notorious Latin American narco trafficker Sebastian Marset, who eluded police for years, was handed over to U.S. authorities after his arrest Friday in Bolivia.
The head of an advocacy group said 21 people were facing charges under the UAE's cybercrime laws as of Thursday, including a 60-year-old British tourist.
Suspected Iranian cyber and drone attacks are already impacting U.S. tech companies, and Iran says a list of American firms are now on its target list.
Senate Democrats have filed legislation hat would keep the U.S. from attacking Cuba without congressional approval as they seek to force a vote on President Trump's stated goal of a "takeover" of the Caribbean country.
The 98th Academy Awards Sunday will feature a battle of vampires versus revolutionaries as the films "Sinners" and "One Battle After Another" compete for many of the show's top prizes. Nigel Smith, senior movies editor for People, joins "The Daily Report" to discuss.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
Austin Mayor Kirk Watson joins CBS News 24/7 Mornings with the latest details on preparations for SXSW 2026.
The 98th annual Academy Awards will be held on Sunday. With 10 films nominated for the night's biggest honor, best picture, an expert says there are only two major contenders. Entertainment Tonight's Nischelle Turner previews Hollywood's big night.
Grammy-winning artist James Blake speaks about making his first solo album as an independent artist. He talks to Anthony Mason about why he decided to leave his record label, what it's like to work with some of the world's biggest musicians and the passion behind his music.
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
Jury deliberations are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
For one week, three New Jersey high schoolers agreed not to take their phones to bed, and to try different tools to reduce screen time.
The Trump administration has blacklisted AI giant Anthropic, labeling it a supply chain risk. The company has sued in response. New York Times tech reporter Sheera Frenkel joins CBS News to break down the feud.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
The suspect in the Michigan synagogue attack died from a self-inflicted gunshot wound, the FBI said at a news conference on Friday. CBS News correspondent Ash-har Quraishi has the latest.
Officials in Michigan gave an update about Thursday's synagogue car ramming attack that the FBI is investigating as a "targeted act of violence against the Jewish community." CBS News national security contributor Sam Vinograd has more.
The U.S. is on high alert after two separate domestic attacks on Thursday: A shooting at Old Dominion University, and a car ramming at a Michigan synagogue. CBS News justice correspondent Scott MacFarlane has the latest details on the incidents.
CBS News has learned that the man who attacked a Michigan synagogue on Thursday purchased $2,000 worth of fireworks days before the incident. CBS News' Anna Schecter has more.
Ayman Mohamad Ghazali made two purchases at a Phantom Fireworks store in Livonia, Michigan. He told the store staff the fireworks were for the end of Ramadan.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
On Nov. 29, 1973, CBS News aired a special report titled "Making It Through This Winter," spotlighting the ways Americans were making do amid the oil crisis. Watch the program in full.
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
Clergy members at a Detroit-area synagogue are grateful no one was seriously hurt after an armed man rammed his car full of explosives into their building. But the community is now grappling with an endless amount of emotional wounds. Jonah Kaplan has the latest.
Rideshare company Lyft will ensure the rights of passengers with service animals under a settlement announced this week. This comes after a Minnesota woman who is blind reported that multiple drivers refused to let her service dog in their cars.
Clinton, New Jersey, is known primarily for its old grist mill, its quaint downtown, and its historic…Dave the Rave. Steve Hartman has the story.