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How one Macy’s employee cost the company $151m

The Hustle Daily Show

CHAPTER

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.

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