Macy’s disclosed yesterday that an employee had hidden up to US$154 million (RM687 million) in expenses through false accounting entries over more than ...
A Macy’s employee misstated up to $154 million in delivery expenses over several years, the company just said.The development forced the retailer to delay its third-quarter earnings report.The ...
Macy's reported weaker-than-expected preliminary sales for the fiscal third quarter and delayed the release of its quarterly earnings results after discovering an accounting-related issue.