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Macy’s employee hid up to $154M in expenses

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.

UPI on MSN · 1h

Macy's: Employee hid upwards of $154M in delivery expenses

Nov. 26 (UPI) --Macy's announced that an employee "hid" up to $154 million, prompting the U.S. department store chain to delay the release of its third-quarter earnings report. The iconic U.S. department store, known for hosting New York City's ...

New York Post · 11h

A Macy’s employee ‘hid’ up to $154M in expenses over three years — but why?

While we work diligently to complete the investigation as soon as practicable and ensure this matter is handled appropriately, our colleagues across the company are focused on serving our

17hon MSN

A Macy’s employee made accounting errors ‘intentionally,’ hiding up to $154 million in expenses. Now the company’s earnings report is delayed

The magic of Macy’s was dulled on Monday after the retailer announced that quarterly sales were down—and one of its former ...

18hon MSN

Macy's says an employee hid up to $154 million in expenses

Macy's delays its quarterly earnings report after discovering that an accounting unit employee concealed delivery expenses.

Parade on MSN3d

Macy's Thanksgiving Day Parade Boss Takes Us Behind the Scenes of This Year's Spectacle

So how will this work? Coss: So [Macy's Studios employee Matt's] doing all the programming right now, and that'll live on ...

22h

Macy's Delays Q3 Report on Accounting Issue, Sales Misses in Preliminary Results

Macy's on Monday delayed publication of its third-quarter results after discovering an accounting issue related to delivery ...

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