
How one Macy’s employee cost the company $151m
The Hustle Daily Show
The Hidden Costs of Mistakes: Macy's Accounting Scandal
This chapter explores a major accounting error at Macy's, where a concealed mistake of up to $154 million significantly affected the company's stock performance. Initially suspected as theft, the issue revealed deeper financial struggles, raising alarms about the retailer’s stability amid declining sales.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.