Macy’s is gearing up for its biggest season of the year – holiday season. And with just days before its annual Thanksgiving Day Parade, it was revealed that a former employee of the department store ...

A Macy's employee is being accused of hiding $151 million in delivery expenses over a nearly three-year period, but despite this, the retailer avoided any serious impact on its financial performance, ...

Macy’s said an investigation into accounting problems found that a rogue employee hid more than $151 million in expenses to cover up a bookkeeping mistake and wasn’t motivated by personal or financial ...

Department store chain Macy’s was left reeling this week after the results of an embarrassing accountancy investigation revealed tens of millions of dollars in undeclared costs. As a result, Macy's - ...

Macy’s has completed its investigation into accounting problems and found that a single employee’s mistake—and subsequent coverup—created $151 million in false bookkeeping entries, according to a ...

The department store company Macy’s delayed its complete quarterly results release after finding out one of their employees “intentionally” hid approximately $154 million of expenses over a few years.

Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million in expenses, and it has tightened its controls to avoid a repeat of the ...

A rogue employee was responsible for hiding $151 million in delivery expenses over the course of nearly three years, Macy's said Wednesday. In a statement accompanying its quarterly earnings results, ...