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FTC bans Rite Aid from using facial recognition technology

The Rite Aid pharmacy chain can't use facial recognition technology to identify customers for five years after a Federal Trade Commission investigation found the company inappropriately used it to criminally profile customers.

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Rite Aid to close more pharmacies amid restructuring

The bankrupt pharmacy chain Rite Aid announced this week that it will shutter more stores as part of a restructuring effort in hopes of rebounding.

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Executives at Rite-Aid blame shoplifting losses for $5 million revenue hit

Shoplifting at Rite-Aid locations, particularly in New York City, has dealt the company a $5 million blow to revenue, according to the company's most recent earnings call.

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