The retailer delayed its quarterly results after it said an employee hid delivery expenses over several years, prompting an ...

US department store Macy's has said a rogue staffer concealed more than $130m (£103m) in company costs over roughly three ...

Macy's announced an employee has "hid" up to $154 million, prompting the U.S. department store chain to delay the release of ...

While we work diligently to complete the investigation as soon as practicable and ensure this matter is handled appropriately ...

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 ...

The popular department store chain Macy’s said that an employee allegedly hid between $132 million and $154 million in ...

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

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

The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error ...

Macy's posted preliminary third-quarter results but delayed its full earnings report as it investigates up to $154 million in ...

Macy’s said an accounting employee hid as much as $154 million in delivery expenses over a three-year period, prompting the ...