Macy’s is in crisis mode after disclosing that an employee cooked the books for years, using unethical accounting practices ...
The retail giant announced a delay in its third-quarter earnings report, postponing the release from November 26 to December ...
A Macy's employee allegedly hid up to $154 million by making erroneous accounting accrual entries, according to the company.
Macy's said it found“an issue related to delivery expenses in one of its accrual ... expense accounting” made erroneous entries to hide about $132 million to $154 million in delivery ...
Macy's disclosed Monday that ... made erroneous accounting accrual entries to hide approximately $132 to $154 million of cumulative delivery expenses from the fourth quarter of 2021 through ...