#macys

#macys

Macy's accounting error on delivery expenses led to delayed earnings report and mixed financial results, highlighting challenges and partial successes in its business strategy.

Malls in New York could be reshaped by the merging of iconic American brands, including JCPenney and others under Catalyst Brands.

Macy's plans to close its San Francisco flagship store and sell it amid struggling retail in downtown areas.

Macy's faces severe financial challenges, including store closures and a major fraud incident involving $154 million in concealed expenses.

Macy's discovered serious accounting errors totaling $132 to $154 million, highlighting failures in internal accounting controls.

Macy's faces a serious accounting scandal affecting its financial reporting and operational integrity.

A Macy's employee concealed over $100 million in delivery expenses, prompting an independent investigation and delay of earnings reporting.