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The Latest Breaking News from Macy

Macy’s employee responsible for a $151 million accounting scandal made one mistake that snowballed into intentional coverup

“This was not theft,” Macy’s chief financial officer confirmed Wednesday.

Fortune

Why investors wish every department store was like Dillard’s

It’s almost unknown outside the South, but Dillard’s has thrived where Macy’s, Nordstrom, and Kohl’s have stumbled.

Fortune

Activist Investor Urges Macy's To Rethink Strategy, Prioritize Shareholder Returns

Retail giant Macy's faces challenges, activist investor Barington Capital urges focus on real estate to increase value.

Benzinga

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From Cool Coats to Extreme Fragrance, Top-Tier Gifts for All the Men in Your Life

Our gift guide has debonair duds and stylish accessories along with grooming products for anyone looking to upgrade their routine.

Fashion Times

Macy’s Thanksgiving Parade live updates: Float order and routes as Jimmy Fallon’s ‘singing’ prompts ‘lip-syncing’ questions

Jennifer Hudson and Australian pop icon Kylie Minogue were among the performers at the annual event in New York on Thursday

The Independent UK

Black Friday Store Hours For Major Retailers

Discover how Black Friday has evolved in the age of e-commerce and get insights on major national chains' Black Friday hours.

Top News

How to watch the 2024 Macy’s Thanksgiving Day Parade

The Macy’s Thanksgiving Day Parade will begin at 8:30 a.m. on Thursday, November 28

The Independent UK

$2million shoplifting ring is busted

Law enforcement officials say they have broken up a shoplifting ring that stole nearly $2 million in merchandise from well-known stores and resold the items in New York City and the Dominican Republic

The Independent UK

Should You Buy the Unusual Options Activity in Macy’s (M) Following Its Accounting Scandal?

Although the concealment of expenses isn’t natively favorable for M stock, the smart money seems to believe the bad news is already priced in.

Barchart

How did a Macy's worker conceal up to $154 million in fake expenses? Experts weigh in

The company has delayed its full third-quarter earnings report until Dec. 11.

Fortune

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BANG Premier

Rachel Platten recalls 'very, very dark time' with her mental health

Rachel Platten says it's a "miracle" she is performing at Macy's Thanksgiving Day Parade after years of battling anxiety and chronic pain made her too afraid to be in public.

International Business Times UK

Full Guide Macy's Thanksgiving Parade 2024: Time, Route, Performers, Floats, And How To Watch Online

The Macy's Thanksgiving Parade 2024 promises a spectacular celebration featuring star-studded performances, dazzling new floats, and giant balloons.

The Independent UK

Stock market today: Asian shares mostly fall on worries about Trump's tariffs

Asian shares have mostly declined as worries spread over President-elect Donald Trump's comment that he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office

Benzinga

Peacock Pays Up: Macy's Thanksgiving Parade Costs Set To Balloon For Content-Hungry NBC

According to The Wall Street Journal, NBC is considering a $60-million rights deal to air the parade. That's triple the current rate.

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news in one place.

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Kiplinger

Stock Market Today: Stocks Enjoy a Bessent Boost

The Dow closed at an all-time high as investors welcomed Donald Trump's Treasury secretary nominee.

The Independent UK

Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings

Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million accounting-related issue

Fortune

A Macy’s employee made accounting errors ‘intentionally,’ hiding up to $154 million in expenses. Now the company’s earnings report is delayed

The Macy’s employee, who is no longer with the company, hid delivery expenses during the course of almost three years.

The Guardian - US

Macy’s says single employee was responsible for hiding up to $154m in expenses

Largest US department store chain delays release of quarterly earnings report to investigate ‘erroneous accounting entries’

Kiplinger

Macy's Delays Quarterly Report After Employee Hides Millions

Macy's stock is lower Monday after the retailer said it delayed its third-quarter results after finding a major accounting error linked to a single employee. Here's what you need to know.

The Independent UK

Macy’s says accounting worker hid up to $154 million in expenses

The company did provide some preliminary results for its third quarter

International Business Times

Macy's Says Employee Intentionally Hid Up To $154 Million In Delivery Expenses

The retailer has delayed its full earnings report while an investigation continues.

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