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  2. 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.

  3. 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 ...

  4. How did a Macy’s worker conceal up to $154 million in fake ...

    www.aol.com/finance/did-macy-worker-conceal-154...

    In some preliminary third-quarter results, Macy’s noted that net sales were down 2.4% year over year to $4.74 billion. David Swartz, senior equity analyst at Morningstar, wrote in a note on ...

  5. 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.

  6. Macy’s found a single employee hid up to $154 million worth ...

    www.aol.com/finance/macy-found-single-employee...

    Macy’s released a preliminary earnings report Monday and revealed that quarterly sales slipped 2.4% to $4.7 billion because of weakness in its digital channels and cold weather categories as the ...

  7. 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.

  8. Stern's - Wikipedia

    en.wikipedia.org/wiki/Stern's

    1992: Remaining 2 locations in the Philadelphia market are closed. 1992: Allied is fully merged into FDS. [6] 1994: With the purchase of R.H. Macy by FDS, the Manhattan Mall location of Abraham & Straus is converted to Stern's and serves as the flagship for the chain, which re-enters the New York market. 2001: FDS closes its Stern's division. [7]

  9. Macy's delays Q3 earnings report, says employee hid up to ...

    www.aol.com/finance/macys-stock-falls-delaying-q...

    Macy's on Monday delayed its third quarter earnings release as it conducts an internal investigation into an employee hiding up to $154 million of expenses.An employee responsible for small ...