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By Jordyn Holman and Danielle Kaye Macy’s said on Monday that an employee had “intentionally” misstated and hidden up to $154 million in delivery expenses over the past few years ...

Macy's Inc. says it will no longer release its full third-quarter earnings report this week as planned, after discovering an employee "intentionally" hid up to $154 million in expenses.

In accounting as in air travel, a common saying applies: "If you see something, say something." Following the news that Macy's discovered a sizable error in its ...

An icon in the shape of a lightning bolt. Impact Link Macy's delayed its third-quarter earnings, saying it is undertaking a forensic investigation into a single employee's concealment of more than ...

Macy's was forced to delay reporting its third-quarter earnings after an employee hid up to $154 million in expenses related to delivering small packages. The retailer, which also owns ...

The Big Apple is set for a real basting Thursday — with a steady downpour expected when the balloons take flight for the Macy’s Thanksgiving Day Parade. “We’re probably going to have a ...

It’s been 100 years since Macy’s Herald Square department store in New York City held its first Thanksgiving Day Parade, with store employees dressed in costumes, a visit from Santa Claus ...

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Macy's Inc. has delayed its third-quarter earnings release after discovering that a single employee intentionally concealed up to $154 million in delivery expenses over nearly three years.

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 ...