Macy's will close these five stores following layoffs of more than 2,300 employees
MACY'S OPENING UP TO 30 SMALL-FORMAT STORES The impacted Macy’s stores, located in four states, will hold clearance sales ...
NPR1mon
Macy's says an employee hid as much as $154 million in expenses
A former Macy's employee allegedly hid up to $154 million in delivery expenses for nearly three years, the retailer announced on Monday. Macy's said that it found an issue with delivery expenses ...
Macy’s gives grim update about its future
Macy’s (M) practically owns the holiday season. The department store that is famous for its luxury goods is also the source ...
People1mon
Macy’s Says Employee Allegedly Hid Up to $154 Million in Expenses Since 2021
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 ...
Daily Mail13d
Macy's will close 65 stores within weeks - but not before huge clearance sale
Macy’s is ramping up store closures this year as it struggles to revive its faltering business. In February, the embattled retailer announced plans to shut 150 underperforming stores within ...
Is Macy’s Closing? Inside the Mass Store Closures
Despite the store closures, Macy’s remains a major player in the retail world. As of December 11, 2024, the company reported on its website $4.7 billion in net sales for the year, reflecting a 2.4% ...
The New York Times1mon
Macy’s Discovers Employee Hid Millions in Delivery Expenses
By Jordyn Holman and Danielle Kaye Macy’s said on Monday that an employee had “intentionally” misstated and hidden up to $154 million in delivery expenses over the past few years ...