Macy's on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...

The popular department store chain Macy’s said that an employee allegedly hid between $132 million and $154 million in ...

Low demand for big-box retail may mean the chain will need to offer seller financing or delayed sale of 170 O’Farrell Street.

An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.

Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million ...

The issue adds to the challenges facing Macy's, the biggest department store chain in the US, which has been struggling with ...

Plus, off-price retailers such as Ross Stores (ROST) and TJX Companies (TJX) owned TJ Maxx and Marshall's, "are taking sales ...

Macy's cites erroneous accounting accrual entries and delays Q3 results. The retailer's preliminary third-quarter sales ...

Department store chain Macy's Inc. (M) on Monday reported that its third-quarter net sales decreased 2.4 percent from last year to ...

The department store chain said it had found the erroneous accounting entries while preparing its results for the third ...

After weeks of pushing early deals, retailers tried to seduce customers with promises of bigger discounts on Black Friday, ...

The deliberately misleading accounting of expenses since the fourth quarter of 2021 did not disrupt cash management or vendor ...