Macy's clawing back executives' bonuses linked to accounting scandal caused by rogue worker
1. Macy's demands executives return $609,613 in bonuses linked to an accounting scandal. 2. A rogue employee concealed $154 million in delivery expenses over three years. 3. Macy's has recovered $257,520, aiming for the remaining $352,093 by 2025. 4. The scandal delayed Macy's quarterly earnings report, causing share price drops. 5. Macy's is closing 150 underperforming stores, citing inflation and tariff uncertainty.