Macy's employee who hid $151 million in delivery expenses was trying to mask initial mistake, sources say
Macy's on Wednesday said it has concluded an investigation into an employee who intentionally hid about $151 million of ...
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Macy's is claiming a lack of serious impact after an independent investigation determined that an employee had hid $151 ...
hcamag.com1h
Macy's employee conceals $151 million of delivery expenses
Our focus is on ensuring that ethical conduct and integrity are upheld across the entire organisation,' CEO says ...
Macy’s provides more details about that employee who hid more than $150 million worth of expenses
Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million ...
Investigation Reveals Loan Wolf Ex-Employee Costs Macy’s $151 Million
Department store chain Macy’s has been forced to slash its annual profit outlook after discovering that an employee concealed more than $150 million in delivery expenses.
Macy's offers a mixed outlook after reporting third quarter profit and sales declines
Macy’s is tightening financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a span of nearly three years ...
Macy’s employee responsible for a $151 million accounting scandal made one mistake that snowballed into an intentional coverup
Macy’s finally released its third-quarter earnings on Wednesday after having to delay it due to a massive accounting scandal ...
Macy's tightens financial controls after employee covered up what became a $151 million mistake
Macy’s is tightening financial accounting measures after completing a probe of a rogue employee who hid $151 million in ...
Accountancy Age8h
Inside Macy's $151 million accounting error
Macy’s, the iconic retail giant, recently disclosed a significant accounting misstatement involving $151 million in cumulative delivery expenses, spanning over three years. The disclosure, while not ...
sgbonline16h
EXEC: Macy’s Completes Investigation into Accounting Issues; Lowers Q3 EPS Guidance
Macy’s, Inc. is reporting that its reported financial results for the third quarter of 2024 are consistent with its ...
Retail Dive23h
Macy’s speeds up store closures to amp up turnaround
The retailer also said that for nearly three years an employee hid about $151 million in delivery expenses but that the fraud ...
The Hidden Costs of Holidays
A 2024 Conference Board survey revealed that the average U.S. consumer expects to spend $1,063 on holiday-related purchases ...