The department store company Macy’s delayed its complete quarterly results release after finding out one of their employees ...

An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.

Macy's on Monday delayed the publication of its third-quarter results due to an accounting issue tied to delivery expenses ...

Macy’s reported stronger-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly ...

Starting in 2021 an employee hid $132 million to $154 million in delivery expenses, a disclosure overshadowing an otherwise ...

Macy’s, one of the leading retail giants in the United States, has recently made headlines after revealing a significant ...

Macy's shares moved lower Monday morning after the retailer unexpectedly posted preliminary results for the third quarter, ...

Early sales growth sparks hope, but a $154M bookkeeping fiasco leaves investors uneasy ahead of December's full report.

The company said the employee no longer works for Macy's, and that the person's actions did not affect its cash management ...

Macy's cites erroneous accounting accrual entries and delays Q3 results. The retailer's preliminary third-quarter sales ...

Macy's on Monday delayed publication of its third-quarter results after discovering an accounting issue related to delivery ...

The retailer said the funds were not stolen, vendor payments were unaffected and the individual responsible is no longer with ...