Macy's delayed its earnings release as it investigates an employee's alleged concealment of up to $154 million in delivery ...

For years, Macy’s touted its ability to boost profits by cutting delivery costs and trimming other expenses on calls with ...

The retail giant delayed the results of its third quarter earnings after discovering that an employee hid millions of dollars ...

Over some three years over which the inaccurate financial reporting took place, Macy's incurred $4.36 billion in delivery ...

Macy’s said Monday that an employee had “intentionally” misstated and hidden up to $154 million in delivery expenses over the ...

Macy's said is it delaying reporting its third-quarter earnings results to complete an independent investigation.

Macy’s, one of the leading retail giants in the United States, has recently made headlines after revealing a significant ...

Macy’s is in crisis mode after disclosing that an employee cooked the books for years, using unethical accounting practices ...

Macy's found an issue related to delivery expenses earlier this month while preparing its financial update. A subsequent ...

Macy’s is delaying its third-quarter earnings release and conference call because of a single employee’s intentional ...

The company said that a single employee "intentionally" made incorrect accounting entries from the fourth quarter of 2021 (Q4 ...

Iconic retailer Macy’s announced Monday that it would delay its full third-quarter earnings report because of an employee ...