The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error ...
While we work diligently to complete the investigation as soon as practicable and ensure this matter is handled appropriately ...
US department store Macy's has said a rogue staffer concealed more than $130m (£103m) in company costs over roughly three ...
The retail giant announced a delay in its third-quarter earnings report, postponing the release from November 26 to December ...
Macy's on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...
The department store chain said it had found the erroneous accounting entries while preparing its results for the third ...
Macy's announced an employee has "hid" up to $154 million, prompting the U.S. department store chain to delay the release of ...
An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.
Over some three years over which the inaccurate financial reporting took place, Macy's incurred $4.36 billion in delivery ...
The retailer delayed its quarterly results after it said an employee hid delivery expenses over several years, prompting an ...
Macy's posted preliminary third-quarter results but delayed its full earnings report as it investigates up to $154 million in ...
Macy's was forced to delay reporting its third-quarter earnings after an employee hid up to $154 million in expenses related ...