While Macy's says a single employee was responsible for the error, accounting and auditing experts told BI it should have ...

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

Macy's postponed its Q3 earnings after an investigation revealed that an employee concealed between $132 million and $154 ...

NBC is renegotiating the broadcast rights for the Macy’s Thanksgiving Day Parade, which may run as high as $60 million per ...

The image shows the Macy's logo on a building, featuring a large red star and the name "macy's" in black letters. A former ...

The department store chain said it had found the erroneous accounting entries while preparing its results for the third ...

A Macy’s employee intentionally hid up to $154 million in delivery expenses over the past three years. Investors have a lot ...

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

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 ...

The retailer’s surprise announcement that one employee concealed a fortune leaves a lot of unanswered questions.

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