Hawaii News Now24d
Here’s how a Macy’s employee hid more than $150M worth of expenses
(CNN) – Macy’s said it has concluded its investigation into an employee who intentionally hid more than $150 million in expenses. In response, the company said it has tightened its controls to ...
The News Journal20d
Macy's to close up to 65 stores after the holidays. Will that include any in Delaware?
Macy's plans to close more stores than previously announced earlier this year, which could mean Delaware shoppers will be affected. According to the company's third quarter earnings report ...
Detroit Free Press23d
Macy's to close up to 65 stores after the holidays. What they're saying about Michigan
Macy's plans to close more stores than previously announced earlier this year, which could mean Michigan shoppers will be affected. According to the company's third quarter earnings report ...
AOL26d
Macy’s is in deep trouble. It could be sitting on a gold mine
Macy’s would be more valuable if it just shut down its business and sold everything off for parts. That’s the argument activist investment firm Barington Capital and private equity firm Thor ...
KITV25d
Macy’s provides more details about that employee who hid more than $150 million worth of expenses
(CNN) — Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million in expenses, and it has tightened its controls to avoid a ...
kcra.com22d
Macy's set to close dozens of stores after the holidays. Is Sacramento on the list?
Another major brick-and-mortar retailer is set to close dozens of stores across the country.Macy's announced it will be closing around 65 locations after the holidays, around the time the ...
Fox Business24d
Macy's accelerates store closures this year
Macy's, which launched a comprehensive strategy to revive its struggling business, on Wednesday announced that it is accelerating its planned store closures for the year. CEO Tony Spring told ...
New York Post25d
Macy’s rogue employee hid $151M in expenses to cover up mistake, wasn’t motivated by personal gain
Macy’s said an investigation into accounting problems found that a rogue employee hid more than $151 million in expenses to cover up a bookkeeping mistake and wasn’t motivated by personal or ...
New York Post17d
How Macy’s can turn around its business as department store struggles
Macy’s needs to reignite its creativity by featuring more exciting products in stores and hosting engaging events to attract younger generations back, according to activist investor Barington ...
Yahoo Finance25d
Macy’s employee responsible for a $151 million accounting scandal made one mistake that snowballed into an intentional coverup
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 ...
USA Today23d
Macy's accelerates store closures, will shutter 65 stores this year
Macy's is closing more stores than it originally announced earlier this year. According to the company's third quarter earnings report, the department store chain is expected to close 65 locations ...