Macy's now expects to close about 65 locations this year, up from its previous forecast of 50 announced at the start of the ...

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 said its accelerating the number of stores it plans to close this year as it works to turn around the struggling ...

At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator instructions] As a reminder, this call is being recorded. I would ...

Macy's financial woes continue with the company reporting a notable dip in third-quarter profits and sales, reflecting a consumer trend toward prioritizing essentials like groceries over discretionary ...

Macy’s, Inc. is reporting that its reported financial results for the third quarter of 2024 are consistent with its ...

Macy's uncovered $151M in falsely recorded expenses due to one employee's misconduct. The company is working to regain trust and improve operations.

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 reported a decline in profits and sales for its third quarter with many customers of the department store chain ...

Macy’s finally released its third-quarter earnings on Wednesday after having to delay it due to a massive accounting scandal ...

Macy's is claiming a lack of serious impact after an independent investigation determined that an employee had hid $151 ...

A grim prognosis from the Macy’s CFO that suggests that things are not likely to get much better in the foreseeable future, ...