Macy’s says employee hid $154,000, delays Q3 earnings
Macy’s reported weaker-than-expected sales for the first quarter of the fiscal year and said it is delaying its quarterly earnings release after it took a $154 million accounting-related hit. The department store, which also operates the Bloomingdale’s and Bluemercury cosmetics chains in addition to name-brand stores, was expected to report quarterly results on Tuesday. The … Read more