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  2. 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.

  3. 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 ...

  4. 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.

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

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

    Macy's has delayed Q3 earnings as it investigates over $130 million in hidden expenses. Macy's said a single employee was responsible for "erroneous accounting accrual entries." The employee is no ...

  6. Macy's accelerates store closures, will shutter 65 stores ...

    www.aol.com/macys-accelerates-store-closures...

    Macy's third quarter earnings report also further addressed any potential impact on its financial performance after an employee allegedly hid $151 million in delivery expenses over a nearly three ...

  7. Look, Macy's should probably sell itself [Video] - AOL

    www.aol.com/finance/look-macys-probably-sell...

    From 2015-2016, Macy's netted about $653 million from selling buildings (such as a key San Francisco location) or space in those buildings, according to Yahoo Finance calculations.

  8. Macy's CEO: Department stores can be repositioned as a ... - AOL

    www.aol.com/finance/macys-ceo-department-stores...

    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% ...

  9. Macy's is closing 66 stores nationwide. See the full list - AOL

    www.aol.com/news/macys-closing-66-stores...

    Macy’s is closing more than five dozen store locations across the United States as part of the company's ongoing reorganization strategy.. The retailer confirmed Jan. 9 that it was shuttering 66 ...