the person briefed on the probe said. Macy’s has said that the employee had responsibility for small package delivery expense accounting, but declined to provide further information about the ...

NEW YORK (AP) — Macy's said Wednesday that it has tightened internal financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a ...

The discovery of the accounting errors prompted the retailer in November to postpone reporting its quarterly financial results for two weeks, triggering a selloff of Macy’s shares. The stock ...