A Macy’s employee had misstated up to $154 million in delivery expenses over several years. The development forced the retailer to delays its third-quarter earnings report. The employee, whose name ...
Macy's Inc. says it will no longer release its full third-quarter earnings report this week as planned, after discovering an employee "intentionally" hid up to $154 million in expenses.
Macy’s said a rogue employee intentionally concealed as much as $154 million in expenses over the past few years, forcing the department store giant to delay its quarterly earnings release.
An icon in the shape of a lightning bolt. Impact Link Macy's delayed its third-quarter earnings, saying it is undertaking a forensic investigation into a single employee's concealment of more than ...
Macy’s made the announcement on Monday, Nov. 25, in a news release as the company shared its preliminary financial results for the third quarter of 2024. The department store said that during ...
Copyright 2024 The Associated Press. All Rights Reserved. FILE - Cars are parked in front of a Macy’s store at Hawthorn Mall in Vernon Hills, Ill., June 3, 2024 ...
Macy's (M) on Monday delayed its third quarter earnings release as it conducts an internal investigation into an employee hiding up to $154 million of expenses. An employee responsible for small ...
CHICAGO (CBS) --A woman was wounded in a shooting Saturday night in the Loop outside the Macy's department store on State Street, as large crowds were packing downtown for holiday festivities.