An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.

The department store company Macy’s delayed its complete quarterly results release after finding out one of their employees ...

Macy’s reported stronger-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly ...

Early sales growth sparks hope, but a $154M bookkeeping fiasco leaves investors uneasy ahead of December's full report.

Macy’s, one of the leading retail giants in the United States, has recently made headlines after revealing a significant ...

Starting in 2021 an employee hid $132 million to $154 million in delivery expenses, a disclosure overshadowing an otherwise ...

The company said the employee no longer works for Macy's, and that the person's actions did not affect its cash management ...

Macy's on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...

The retailer said the funds were not stolen, vendor payments were unaffected and the individual responsible is no longer with ...

Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of ...

Macy's announced a delay in releasing its full quarterly results after discovering that an employee intentionally hid $132 ...

Macy’s has delayed releasing its third-quarter earnings after discovering that a former employee concealed $132 million to ...