Macy’s Provides Update on Employee Involved in $151 Million Concealment Case

During a recent ‘Barron’s Roundtable’ panel, experts shared insights into major retail players, specifically Macy’s and Nordstrom, as well as Gilead Sciences. A significant concern from Macy’s surfaced when the company revealed that a former employee had concealed approximately $151 million in cumulative delivery expenses over three years. Macy’s CEO Tony Spring addressed this issue,...