Macy's revealed the news during a Q3 earnings call, which had been delayed after an employee was accused of hiding $151 ...
Macy's is accelerating its plan to close underperforming stores by the end of the year. The company plans to shutter 65 ...
With its net sales down 2.4% year over year, the retail giant is closing even more underperforming stores, Macy’s shared in ...
Macy's is claiming a lack of serious impact after an independent investigation determined that an employee had hid $151 ...
The popular department store chain Macy’s said that an employee allegedly hid between $132 million and $154 million in ...
The problem, they say, is Macy’s is sitting on real estate that is more valuable than the company itself – an untenable ...
A rogue employee was responsible for hiding $151 million in delivery expenses over the course of nearly three years, Macy's ...
Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million in expenses, and it has tightened its controls to avoid a repeat of the ...
Macy’s faces calls from a pair of activist investors to make a slew of changes at the department store chain. The activist ...
While Macy's says a single employee was responsible for the error, accounting and auditing experts told BI it should have ...