Macy’s delayed its Q3 results after discovering an employee hid $132M-$154M in delivery expenses over three years.

Macy’s disclosed yesterday that an employee had hidden up to US$154 million (RM687 million) in expenses through false accounting entries over more than ...

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

The individual responsible is no longer with the company, and no other employees were implicated. Macy’s now expects to ...

Macy's announced a delay in releasing its full quarterly results after discovering that an employee intentionally hid $132 ...

The retailer said Monday that it identified an issue related to delivery expenses in one of its accrual accounts earlier this ...

An independent investigation and forensic analysis found that a single employee hid roughly $132 million to $154 million of ...

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

Macy's on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...

Macy's M.N on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...