The retail giant delayed the results of its third quarter earnings after discovering that an employee hid millions of dollars ...

Over some three years over which the inaccurate financial reporting took place, Macy's incurred $4.36 billion in delivery ...

Macy’s said Monday that an employee had “intentionally” misstated and hidden up to $154 million in delivery expenses over the ...

Macy's said is it delaying reporting its third-quarter earnings results to complete an independent investigation.

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

Macy’s is in crisis mode after disclosing that an employee cooked the books for years, using unethical accounting practices ...

Macy’s shocked markets Monday when it discovered a single worker hid up to $154 million in delivery expenses over the last ...

Macy's found an issue related to delivery expenses earlier this month while preparing its financial update. A subsequent ...

Macy’s is delaying its third-quarter earnings release and conference call because of a single employee’s intentional ...

The company said that a single employee "intentionally" made incorrect accounting entries from the fourth quarter of 2021 (Q4 ...

Iconic retailer Macy’s announced Monday that it would delay its full third-quarter earnings report because of an employee ...

An American department store chain, Macy's, has delayed releasing its full third-quarter financial results after discovering ...