Dec. 22, 2023
J.C. Penney's Struggles and Rite Aid's Facial Recognition Settlement
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In today's Retail Daily Minute:
J.C. Penney faces a challenging quarter with a 10.7% YoY decline in net sales for Q3, despite efforts to turn the tide.
Rite Aid settles with the FTC, agreeing to a five-year ban on facial recognition technology after misuse allegations.
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