Macy’s found a single employee hid up to $154 million worth of
1 day ago · Macy’s announced Monday that a single employee was responsible for so many accounting irregularities that the company was forced to delay its quarterly earnings report, …
Macy's says an employee hid up to $154 million in expenses | AP News
1 day ago · Macy’s so-called First 50 stores – which are the ones Macy’s has renovated and put more effort into with extra customer service — produced a comparable sales gain of 1.9% in …
How could Macy's overlook millions in hidden expenses for years? - ABC News
14 hours ago · An ex-employee is accused of hiding expenses totaling as much as $154 million. Days before Macy's is set to take center stage for its annual Thanksgiving Day Parade, the …
Macy’s Discovers Employee Hid Millions in Delivery Expenses
1 day ago · Macy’s sales in the third quarter fell 2.4 percent — below analysts’ expectations — to $4.74 billion. The company’s overall sales were dragged down by weak performance at …
Macy's says an employee hid as much as $154 million in expenses …
1 day ago · A former Macy's employee allegedly hid up to $154 million in delivery expenses for nearly three years, the retailer announced on Monday. Macy's said that it found an issue with …
Macy's says an employee hid up to $154 million in expenses - CBS News
1 day ago · Macy's shares fell 51 cents, or 3%, to $15.79 in morning trade. Macy's in February said it planned to close 150 stores and lay off more than 2,000 workers amid a pullback in …
Macy's $132 Million Mystery Raises Big Questions - Business Insider
1 day ago · The last time Macy's reported a major accounting issue was in 2006 when the company restated financials over a "cash flow classification," Ideagen Audit Analytics, a …
Macy’s Finds Multimillion-dollar False Accounting Entries, Delays …
1 day ago · Macy’s Inc. has launched an investigation into the accounting of $132 million to $154 million in delivery expenses, causing a delay in reporting its third-quarter earnings results.
Macy's to close 150 stores and will open new ... - Associated Press News
Macy’s will close 150 unproductive namesake stores over the next three years, including 50 by year-end. The company made the announcement Tuesday after posting a fourth-quarter loss …
Macy’s Will Close 150 Stores but Expand ... - The New York Times
Feb 27, 2024 · Macy’s said on Tuesday that it would vastly reshape its strategy and retail footprint, closing about 150 Macy’s stores over the next three years while expanding its …