Macy’s third quarter earnings report was scheduled for Tuesday but will be delayed by an internal investigation.
The retailer said Monday that it identified an issue related to delivery expenses in one of its accrual accounts earlier this ...
The department store chain said it had found the erroneous accounting entries while preparing its results for the third ...
Macy's disclosed Monday that an employee had hidden up to $154 million in expenses through false accounting entries over more than three years.
Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million ...
Wall Street is set to break more records as U.S. stocks rise. The S&P 500 climbed 0.1% Monday and was just below its all-time ...
The person is no longer employed by the company, and it is unknown what the person's motivations were for hiding the expenses.
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Macy’s Inc. said it would delay its third-quarter earnings release after an investigation revealed an employee hid more than ...
Macy’s announced Monday that a single employee was responsible for so many accounting irregularities that the company was ...