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  2. Macy’s employee responsible for a $151 million accounting ...

    www.aol.com/finance/macy-employee-responsible...

    Macy’s finally released its third-quarter earnings on Wednesday after having to delay it due to a massive accounting scandal caused by one employee.The employee, who no longer works for Macy’s ...

  3. Macy's gives update on employee who hid $151M - AOL

    www.aol.com/finance/macys-gives-employee-hid-151...

    Macy's CEO Tony Spring provided a fresh update on the rogue employee who hid $151 million in delivery expenses since 2021 and ... it found discrepancies in the delivery expenses of one account, ...

  4. Macy's tightens financial controls after employee covered up ...

    www.aol.com/macys-offers-mixed-outlook-reporting...

    Macy's said Wednesday that it has tightened internal financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a span of nearly ...

  5. Macy's $132 million mystery has auditing experts scratching ...

    www.aol.com/macys-132-million-mystery-auditing...

    Macy's said an employee intentionally made accounting errors totaling $132 million to $154 million. Auditing experts told BI the available evidence suggests a failure of internal accounting controls.

  6. Macy's - Wikipedia

    en.wikipedia.org/wiki/Macy's

    Macy's (originally R. H. Macy & Co.) is an American department store chain founded in 1858 by Rowland Hussey Macy.It has been a sister brand to the Bloomingdale's department store chain since being acquired by holding company Federated Department Stores in 1994, which renamed itself Macy's, Inc. in 2007.

  7. A Macy’s employee made accounting errors ‘intentionally ...

    www.aol.com/finance/macy-employee-made...

    The Macy’s employee, who is no longer with the company, hid delivery expenses during the course of almost three years. A Macy’s employee made accounting errors ‘intentionally,’ hiding up ...

  8. Macy's, Inc. - Wikipedia

    en.wikipedia.org/wiki/Macy's,_Inc.

    On February 2, 2009, Macy's announced the elimination of 7,000 jobs, or 4% of its workforce, and slashed its dividend as it looked to lower expenses as part of a major restructuring. Cincinnati-based Macy's Inc. stated that the workforce reduction included positions in offices, stores, and other locations, and the cuts include some unfilled jobs.

  9. Macy's delays earnings to complete investigation into a ... - AOL

    www.aol.com/macys-delays-earnings-complete...

    Macy's stock price fell as much as 4% in premarket trading on Monday. The company was due to report its earnings on Tuesday; it said the release is now planned for December 11 as it completes its ...

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