Macy's executives have to pay back more than $600,000 in bonuses after an accounting scandal inflated the payments, the ...

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.

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 ...

The retailer asserts it overpaid executives after an accounting error led to an overstatement of 2023 EBITDA by $81 million, according to a securities filing.

Macy’s (M) is clawing back over $600,000 in cash bonuses from executives following an accounting scandal that led to inflated pay, Bloomberg’s ...

Macy’s is clawing back over $600,000 in executive bonus compensation after determining its previously reported $151 million accounting error led to overinflated pay ...

Macy's declined to provide further details on the executive bonuses beyond what was provided in public filings. As a channel, it remains key to growth for many retailers. But the era of the DTC ...