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Employee hid upwards of $154M in delivery expenses
Macy’s found a single employee hid up to $154 million worth of expenses
Macy’s announced Monday that a single employee was responsible for so many accounting irregularities that the company was forced to delay its quarterly earnings report, which the retailer had planned to release Tuesday.
Macy’s Says Accounting Employee Hid Up to $154 Million in Delivery Expenses
The retailer delayed its quarterly results after it said an employee hid delivery expenses over several years, prompting an investigation.
A Macy’s employee ‘hid’ up to $154M in expenses over three years — but why?
While we work diligently to complete the investigation as soon as practicable and ensure this matter is handled appropriately, our colleagues across the company are focused on serving our
4d
on MSN
Macy's says employee hid up to $154 million in expenses since 2021
Macy’s on Monday said an employee responsible for managing accounting for small package deliveries concealed up to $154 ...
4d
on MSN
Macy's says an employee hid up to $154 million in expenses
Macy's delays its quarterly earnings report after discovering that an accounting unit employee concealed delivery expenses.
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