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A string of federal lawsuits out of Manhattan accuse Combs of sexual attacks dating back to 1995. One alleges Combs orally raped a worker for rival brand Ecko at the Macy's flagship store in 2008.
Macy's CEO Tony Spring provided a fresh update on the rogue employee who hid $151 million in delivery expenses since 2021 and disclosed the individual is no longer with the company.
Macy’s on Monday said an employee responsible for managing accounting for small package deliveries concealed up to $154 million in expenses over the course of nearly three years.
Shares of Macy's have dropped 20% year to date to $16 per share, far below the $24.80 per share buyout offer they rejected from Arkhouse and Brigade. The earnings rundown.
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Facebook recently paid 1.4 million Illinois residents $397 in 2022 as part of a class action lawsuit for facial recognition breaches through its “Tag Suggestions” feature, per CNBC.
Macy's has been struggling with flagging sales as consumers increasingly turn from physical retail to e-commerce. In Q2, its sales dropped 3.8% to $4.9 billion while same-store sales declined 4% ...
In the suit, Macy's claimed that A few weeks ago, Martha Stewart Living Omnimedia and Macy's announced that they had reached a legal settlement involving a lawsuit for alleged breach of contract.