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46°
Monday, dec 16
Tag:
Macy’s
News
Philly Man Pleads Guilty To Murder Of Macy's Guard Eric Harrison In Center City Stabbing
A Philadelphia man who fatally stabbed a Macy's security guard and injured another during a robbery attempt has pleaded guilty to murder, authorities announced. Tyrone Tunnell, 31, admitted to killing 27-year-old Eric Harrison and wounding a second guard during a confrontation at the Macy's store on 13th and Market streets in December 2023, police said. Tunnell attempted to steal hats from the department store but was stopped by Harrison and his unarmed colleague, according to investigators. After an initial altercation, Tunnell left the store but returned 15 minutes later, yelling threats …
Business
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…