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Over some three years over which the inaccurate financial reporting took place, Macy's incurred $4.36 billion in delivery expenses, the company said.At most, the hidden expenses made up 3.5% of ...
Macy’s is demanding its executives return bonuses they received last year that were linked to an accounting scandal caused by a rogue employee, the company said in a filing on Monday.. The ...
The company first announced the closures in January. Dozens of Macy's stores nationwide are shutting their doors months after the chain announced a slew of closings earlier this year. Over 60 Macy ...
The activist investor who previously proposed a $6.9 billion buyout offer for Macy’s Inc. M is reportedly considering a new takeover bid. This comes nearly a year after Macy’s rejected the ...
Macy’s Inc.’s stock climbed in Wednesday trading after the department-store chain’s first-quarter profit and revenue beat Wall Street’s expectations, snapping a three-quarter streak of misses.
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