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Tag: #BusinessAccountability

Fashion
Everett Thistlethwaite

Macy’s Delays Results After Finding Employee Hid Millions in Delivery Expenses

In a startling development for investors and stakeholders, Macy’s has postponed its third-quarter earnings report after uncovering a significant accounting issue involving a former employee who concealed millions of dollars in delivery expenses. The retailer estimated that this employee, who is no longer with the company, misrepresented between $132 million to $154 million in delivery […]

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