The retail giant announced a delay in its third-quarter earnings report, postponing the release from November 26 to December ...

Macy's latest challenge linked to internal accounting irregularities is not overbearing, but does not reflect well. Read my ...

The department store company Macy’s delayed its complete quarterly results release after finding out one of their employees ...

Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales as Americans continued to ...

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

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 ...

Macy’s delayed its Q3 results after discovering an employee hid $132M-$154M in delivery expenses over three years.

Macy’s has delayed releasing its third-quarter earnings after discovering that a former employee concealed $132 million to ...

Macy’s disclosed yesterday that an employee had hidden up to US$154 million (RM687 million) in expenses through false accounting entries over more than ...

The company said the employee no longer works for Macy's, and that the person's actions did not affect its cash management ...

An independent investigation and forensic analysis found that a single employee hid roughly $132 million to $154 million of ...