Macy’s has announced a significant delay in its third-quarter earnings report after the discovery that a single employee allegedly hid up to $154 million in delivery expenses. This revelation has raised concerns regarding accounting practices within the company, prompting an investigation into the fraud. The employee is said to have intentionally concealed these expenses, which has led to a drop in Macy’s stock value amidst growing scrutiny from investors. The situation underscores the importance of transparency and diligence in financial reporting, providing a cautionary tale for small business owners.