The department store chain said it had found the erroneous accounting entries while preparing its results for the third ...
US department store Macy's has said a rogue staffer concealed more than $130m (£103m) in company costs over roughly three ...
The retailer delayed its quarterly results after it said an employee hid delivery expenses over several years, prompting an ...
Macy's posted preliminary third-quarter results but delayed its full earnings report as it investigates up to $154 million in ...
Macy's on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...
The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error ...
Department store retailer Macy’s, Inc., stated on Monday that an employee hid up to $154 million through intentional ...
Macy’s said an accounting employee hid as much as $154 million in delivery expenses over a three-year period, prompting the ...
Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million ...
Macy's said it would delay the release of its third-quarter earnings after an investigation revealed an employee hid over ...
An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.
The company said the employee no longer works for Macy's, and that the person's actions did not affect its cash management ...