Dec. 22, 2023

J.C. Penney's Struggles and Rite Aid's Facial Recognition Settlement

J.C. Penney's Struggles and Rite Aid's Facial Recognition Settlement
J.C. Penney's Struggles and Rite Aid's Facial Recognition Settlement
Retail Daily Minute
J.C. Penney's Struggles and Rite Aid's Facial Recognition Settlement

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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