A Macy’s employee made accounting errors ‘intentionally,’ hiding up to $154 million in expenses. Now the company’s earnings report is delayed
The magic of Macy’s was dulled on Monday after the retailer announced that quarterly sales were down—and one of its former ...
Macy's says an employee hid up to $154 million in expenses
Macy's delays its quarterly earnings report after discovering that an accounting unit employee concealed delivery expenses.
The Business Journals14h
Macy’s says employee hid as much as $154M in expenses
Macy’s is delaying its third-quarter earnings release and conference call because of an employee’s intentional accounting ...
Macy’s says employee hid as much as $154 million in expenses
Macy’s said an accounting employee hid as much as $154 million in delivery expenses over a three-year period, prompting the ...