Macy’s is clawing back more ... the third quarter of 2024. The probe didn’t uncover evidence of missing cash or unpaid vendors and instead pointed to accounting errors by the former employee ...

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.

Some Macy's executives have to pay back bonuses as a result of an accounting scandal. Macy's overstated one of its earnings metrics in 2023, leading to the inflated bonuses. The executives owe ...

Both the clawbacks and the leadership shifts come about four months after Macy’s reported an individual employee had intentionally made “erroneous accounting accrual entries” which hid over ...

Macy’s Inc. is clawing back more than $600,000 in cash bonuses from executives after an accounting scandal led to inflated pay. The department-store operator tied executives’ cash bonuses to ...