Department store chain Macy’s has been forced to slash its annual profit outlook after discovering that an employee concealed more than $150 million in delivery expenses.

Macy's said its accelerating the number of stores it plans to close this year as it works to turn around the struggling ...

Macy's financial woes continue with the company reporting a notable dip in third-quarter profits and sales, reflecting a consumer trend toward prioritizing essentials like groceries over discretionary ...

"Macy's retail operations are essentially worthless." The company's own shareholders wrote these harsh words. Macy's has been dealing with multiple blows to its business for years, reporting ongoing ...

Macy’s is tightening financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a span of nearly three years ...

NEW YORK (AP) — Macy's said Wednesday that it has tightened internal financial accounting measures after completing a probe ...

A grim prognosis from the Macy’s CFO that suggests that things are not likely to get much better in the foreseeable future, ...

Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million ...

Macy’s, the largest department store chain in the United States, is in the midst of its latest turnaround plan, overseen by ...

Macy’s profit and sales slumped in the third quarter with many customers of the department store chain continuing to divert ...

Macy's stock sinks as retailer still expects a sales decline this year. It has concluded its expense investigation.

As activist pressure builds, Macy's is looking to convince shareholders its Bold New Chapter strategy is strong enough to propel it into the future.