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Macy, delivery expenses
Macy's says employee 'intentionally' hid up to $154M in expenses
Macy's says it will push back its third-quarter earnings report after discovering an employee "intentionally" hid as much as $154 million in shipping expenses.
Macy's finds employee hid $154 million in expenses, report delayed
Macy's announced Monday that it would delay its full third-quarter earnings report because of an employee hiding up to $154 million in expenses, sending its stock plummeting in early trading.
Macy's says an employee hid as much as $154 million in expenses
The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error forced the company to delay reporting its third quarter results.
Macy, Thanksgiving Day Parade
Forecasters: Rain likely for Macy's Thanksgiving Day Parade
Forecasters say the rain could begin as early as Wednesday night or slightly before daybreak and carry on into the morning Thursday, conditions that could also spell difficulty on the roads and at airports on the big travel holiday. Thursday's high temperature is expected to peak at about 50 degrees.
Macy's Thanksgiving Day Parade road closures
Mass transit is strongly recommended if you are going to the balloon inflation event on Wednesday or the Macy's Thanksgiving Day Parade on Thursday. Not only is heavy traffic anticipated because of the holiday,
Macy’s director details Thanksgiving Day Parade preps, surprises
Macy’s Thanksgiving Day parade is just three days away so Kathleen Wright, director of production operations for Macy’s studios, joins TODAY to detail how the family-favorite tradition comes together.
Macy, Chicago police
Chicago police investigate downtown shooting near Macy's
Police are investigating a shooting that injured a woman Saturday night near Macy's on State Street. I ordered a club sandwich from Subway, Jimmy John's, and Jersey Mike's to see which popular chain does the classic sub justice.
Woman shot near Macy’s in downtown Chicago; witnesses speak
Chicago police are investigating after a woman was shot downtown near Macy’s Saturday night. Police said just before 9 p.m., a 19-year-old woman was walking near the Macy’s at State and Washington when an unknown male suspect fired shots.
Witnesses describe chaos after shooting near Macy's in downtown Chicago
Witnesses described what they heard and saw to WGN News after a woman was shot near Macy's in downtown Chicago.
New York Magazine
18h
How Did One Macy’s Employee Hide $154 Million?
Macy’s
, Inc. has hit a rough patch in recent years, with 50 locations closing in 2024 alone as the largest department store ...
1h
on MSN
Macy's says an employee hid up to $152 million in expenses
Macy's delays its quarterly earnings report after discovering that an accounting unit employee concealed delivery expenses.
2h
on MSN
Macy's says worker hid more than $130m in costs
US department store Macy's says rogue staffer concealed more than $130m (£103m) in company costs over roughly three years, ...
3h
Macy's Battles Back: Q3 Gains Marred by $154M Accounting Scandal Ahead of Holiday Season
Early sales growth sparks hope, but a $154M bookkeeping fiasco leaves investors uneasy ahead of December's full report.
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