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Macy's gives update on employee who hid $151M
MMacy's(M) Fox Business·2024-12-11 16:36

Macy's provided an update on the former employee who was responsible for hiding approximately $151 million of cumulative delivery expenses over the past three years.  "We’ve concluded our investigation and are strengthening our existing controls and implementing additional changes designed to prevent this from happening again and demonstrate our strong commitment to corporate governance," Macy's CEO Tony Spring said in a statement. Ticker Security Last Change Change % M MACY'S INC. 16.16 +0.18 +1.16% One ...