MACY'S SAYS EMPLOYEE ‘INTENTIONALLY’ HID UP TO $154M IN EXPENSES. This won't "damage the retail business at all," Mitarotonda said. On the contrary, he said it would "make them even better." ...

Macy’s reaffirmed its annual sales forecast of $21 billion to $21.4 billion, which would be a decline from last year’s $22.29 billion. It also reported earnings and revenue slightly above ...

Macy's net income for 2012 jumped 6 percent to $1.34 billion, while revenue rose nearly 5 percent to $27.69 billion. The Associated Press formula calculates an executive's total compensation ...

Macy's in January named 66 of the 150 stores it is planning to close as part of its revitalization plan, and some stores on the list appear to have already closed or be closing soon.. The retailer ...

This year's Glamorama event will head overseas for inspiration. The annual Macy's event announced the theme for this year's gala will be British Invasion -- the Music Then, the Fashion Now.

Macy’s M 0.12 % increase; green up pointing triangle has completed its investigation into accounting problems and found that a single employee’s mistake—and subsequent coverup—created $151 ...

New York City's most beloved Thanksgiving tradition will once again include a star-studded, eclectic list of performers. The 86th annual Macy's Thanksgiving Day Parade has revealed details on this ...

Macy’s M0.32%increase; green up pointing triangle delayed its quarterly results after the company discovered that an employee had hidden up to $154 million in corporate delivery expenses over ...

Macy’s is laying off about 3.5% of its workforce, or roughly 2,350 employees, and closing five stores as it continues to shrink its massive retail business for the online shopping era.

Ahead of the busy holiday shopping season, popular department store chain Macy’s said that an employee allegedly hid between $132 million and $154 million in delivery expenses, resulting in a ...

The popular Macy's Thanksgiving Day Parade, attended by more than 3 million people and watched by 50 million on TV, includes such giant balloons as Elf on a Shelf and Papa Smurf, a new version of ...