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The Latest Breaking News from Tony Spring

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.

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

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.

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

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’

The Guardian - US

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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.

National mall-based retail chain closing 150 more stores

The retail giant insists that closing stores is somehow good for its customers.

Target strategy prevails as Macy's spirals with opposing plan

Different views on the market make Target's sales increase and Macy's decline.

Target, TJX up; Macy’s down - Midday stock movers

Here are the stocks making the biggest market moves today.

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Macy’s mass store closures may be a lucrative real estate opportunity

Macy’s mass store closures may be a lucrative real estate opportunity

The department store company announced store closures and small-town malls suffered the consequences, yet this might be a lucrative real estate opportunity.

Why Macy's is closing 150 department stores

Why Macy's is closing 150 department stores

The new CEO is culling "underproductive" locations, while opening more upscale Bloomingdale's and Bluemercury stores. Here's what's happening with the chain.

Macy’s to shutter 150 stores amid focus on luxury

Macy’s to shutter 150 stores amid focus on luxury

Department store will close dozens of outlets this year and the rest over a three-year period after issuing muted trading outlook

The Guardian - US

Nike Making a Surprising Return to Macy's

Nike Making a Surprising Return to Macy's

After a brief break, Nike and Macy's rekindle their partnership.

Why Big Change at Macy's Might Bring Better Deals For You

Why Big Change at Macy's Might Bring Better Deals For You

Macy's incoming CEO could make it easier for more people to buy Bloomingdale's merchandise at lower prices.

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