Macy's accelerates store closures this year
Macy's said its accelerating the number of stores it plans to close this year as it works to turn around the struggling ...
Macy’s rogue employee hid $151M in expenses to cover up mistake, wasn’t motivated by personal gain
According to the Wall Street Journal, the employee told investigators about having mistakenly understated the amount of small ...
Macy's employee who hid $151 million in delivery expenses was trying to mask initial mistake, sources say
Macy's on Wednesday said it has wrapped up an investigation into an employee who intentionally hid about $151 million of ...
Macy's tightens financial controls after employee covered up what became a $151 million mistake
Macy's reported a decline in profits and sales for its third quarter with many customers of the department store chain ...
Investigation Reveals Loan Wolf Ex-Employee Costs Macy’s $151 Million
Department store chain Macy’s has been forced to slash its annual profit outlook after discovering that an employee concealed more than $150 million in delivery expenses.
Macy's offers a mixed outlook after reporting third quarter profit and sales declines
Macy’s is tightening financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a span of nearly three years ...
Macy's ends delivery expense investigation, saying employee hid $151 million
Macy’s on Wednesday said it has wrapped up an investigation into an employee who intentionally hid about $151 million of ...
Macy’s employee responsible for a $151 million accounting scandal made one mistake that snowballed into an intentional coverup
Macy’s finally released its third-quarter earnings on Wednesday after having to delay it due to a massive accounting scandal ...
Macy's confirms rogue employee hid $151 million in expenses over three years
A rogue employee was responsible for hiding $151 million in delivery expenses over the course of nearly three years, Macy's ...
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Macy's to close more stores this year than initially thought CEO says following worrying sales decline
Macy's now expects to close about 65 locations this year, up from its previous forecast of 50 announced at the start of the ...
Macy's third quarter profit and sales slide and so do its shares
Macy’s CEO Tony Spring arrive in February and announced a plan to close 150 stores, while upgrading another 350 stores. The ...
Macy's gives update on employee who hid $151M
Macy's CEO Tony Spring provided a fresh update on the rogue employee who hid $151 million in delivery expenses since 2021 and disclosed the individual is no longer with the company.