Macy’s delayed its quarterly results after the company discovered that an employee had hidden up to $154 million in delivery ...
Macy's announced an employee has "hid" up to $154 million, prompting the U.S. department store chain to delay the release of ...
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 ...
Macy's on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...
Over some three years over which the inaccurate financial reporting took place, Macy's incurred $4.36 billion in delivery ...
An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.
The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error ...
Macy's was forced to delay reporting its third-quarter earnings after an employee hid up to $154 million in expenses related to delivering small packages. The retailer, which also owns Bloomingdale's ...
Macy's posted preliminary third-quarter results but delayed its full earnings report as it investigates up to $154 million in ...
The retail giant delayed the results of its third quarter earnings after discovering that an employee hid millions of dollars ...
Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million ...