The chain, which is 95 years old, is ramping up store closures this year as it struggles to revive its faltering business.

Macy's revealed the news during a Q3 earnings call, which had been delayed after an employee was accused of hiding $151 ...

Macy’s made the announcement on Monday, Nov. 25, in a news release as the company shared its preliminary financial results for the third quarter of 2024. The department store said that during ...

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.

Macy’s announced Monday that a single employee was responsible for so many accounting irregularities that the company was forced to delay its quarterly earnings report, which the retailer had ...

The holiday season is here, and so are the gift options from Macy's. They have started their clearance sale, with excellent discounts on various items. The retail store is also offering an extra ...

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 ...

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.

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 ...