Seattle Daily Journal of Commerce4h
Changes for Macy's after $151M mistake
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.
Here’s how a Macy’s employee hid more than $150M worth of expenses
Macy’s said it has concluded its investigation into an employee who intentionally hid more than $150 million in expenses.
sgbonline11h
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 ...
The reason Macy's employee hid $150million in expenses
The since-fired employee accidentally understated the value of small parcel delivery expenses in late 2021, an official ...
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 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 ...
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 ...
Retail Dive18h
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 didn’t affect sales.
KITV19h
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 ...
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 wrapped up an investigation into an employee who intentionally hid about $151 million of ...
Macy's gives update on employee who hid $151M
Macy's CEO Tony Spring provided a fresh update on the rogue employee who hid $151 million in delivery expenses since 2021 and disclosed the individual is no longer with the company.