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Macy’s

Business
Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says
Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says A Macy’s employee misstated up to $154 million in delivery expenses over several years, the company just said. The development forced the retailer to delay its third-quarter earnings report. The employee, whose name has not been released, has been fired. According to the company, the employee responsible for accounting small package delivery expenses made erroneous accrual entries to conceal the costs from the fourth quarter of 2021 through the most recent quarter. During that time, Macy’s reported a total of $4.36 billion in delivery expenses. The company conducted an independent investi…

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by Joe Lombardi
Business
Macy's To Close 150 Stores, Prioritize Luxury Brands Macy's To Close 150 Stores, Prioritize Luxury Brands
Macy's To Close 150 Stores, Prioritize Luxury Brands Macy's plans to close about 30 percent of its remaining stores over the next three years. The 150 closures will be at underperforming locations, with 50 planned for this year, the retailer announced on Tuesday, Feb. 27, unveiling what it is calling "A Bold New Chapter" strategy designed to return Macy’s profitability.  "It challenges the status quo to create a more modern Macy’s, Inc.," Tony Spring, chief executive officer of the company said in a statement. "We are making the necessary moves to reinvigorate relationships with our customers through improved shopping experiences, releva…

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by Joe Lombardi
Business
Nearly 50K Massage Guns Sold Nationwide Recalled Due To Fire, Burn Hazards Nearly 50K Massage Guns Sold Nationwide Recalled Due To Fire, Burn Hazards
Nearly 50K Massage Guns Sold Nationwide Recalled Due To Fire, Burn Hazards Nearly 50,000 massage guns sold at major retailers across the country are being recalled due to more than a dozen reports of overheating and a burn injury. The US Consumer Product Safety Commission (CPSC) announced this week that Homedics is recalling tens of thousands of personal massagers that ca overheat while charging, leading to a report of fire or burn risk.  In total, approximately 46,000 are being recalled in the US, and another 41,000 in Canada, according to federal officials. The recall includes "HoMedics Therapist Select Massagers" with model number HHP-715 and a 120 VAC, 6…

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by Zak Failla
Business
Clarks Americas Recalls Women’s Shoes For Potentially Dangerous Chemical Hazard Clarks Americas Recalls Women’s Shoes For Potentially Dangerous Chemical Hazard
Clarks Americas Recalls Women’s Shoes For Potentially Dangerous Chemical Hazard Eight styles of women’s shoes are being recalled across the globe by Clarks due to concerns about toxins inside the product, the retailer announced. The US Consumer Product and Safety Commission (CPSC) issued an alert regarding a recall of approximately 113,000 shoes under the "Breeze" style name that were sold stateside and an additional 10,000 in Canada that pose a potential chemical hazard. "Prolonged and direct contact with the shoes’ upper material can expose the wearer to the chemicals benzidine and/or dimethoxybenzidine, which are toxic and can cause adverse health effects,” accordin…

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by Zak Failla
Police & Fire
Detectives Issue Alert For Wanted Man Who Attempted To Rob Maryland Mall: Police Detectives Issue Alert For Wanted Man Who Attempted To Rob Maryland Mall: Police
Detectives Issue Alert For Wanted Man Who Attempted To Rob Maryland Mall: Police Recognize him? Police investigators in Maryland are seeking the public’s assistance in identifying and locating a man wanted for an attempted robbery and assault at the Lakeforest Mall in Montgomery County. Surveillance photos have been released of a suspect who allegedly attempted a commercial robbery on Saturday, June 18 at Macy’s inside the store on the 700 block of Russell Avenue. It is alleged that the suspect entered the store and asked to see some jewelry. When an employee removed a tray of jewelry from a cabinet, the suspect allegedly attempted to steal it from the employee, bu…

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by Zak Failla
Police & Fire
Vehicle Engulfed In Flames Near Montgomery Mall (VIDEO) Vehicle Engulfed In Flames Near Montgomery Mall (VIDEO)
Vehicle Engulfed In Flames Near Montgomery Mall (Video) A vehicle went up in flames and was captured on video outside of a Macy's in Bethesda, authorities report. The fire occurred near the Montgomery Mall between I-270 Spur and West Lake Drive around 2 p.m., Friday, June 3 according to Montgomery County Officials. Video by IG user: @ sbest79 https://t.co/a6SnSOAnyA pic.twitter.com/Wzax774uD7 — The MoCoShow (MCS) (@TheMoCoShow) June 3, 2022 Some lanes leading to the mall were blocked as a result of the incident. Officials are on the scene to investigate the fire. This is a developing story and will continue to be updated. 

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by Annie DeVoe