Rundown: Global politics impact retailers, Rite Aid's legal troubles & and the rise of thrifted holiday gifts
This week on the Modern Retail Rundown, the team dives into reports of the current political climate impacting holiday sales; Ikea warned of product delays due to Houthi rebel attacks in the Red Sea and VF Corp experienced a major cyberattack. Elsewhere, Rite Aid is being hit with a lawsuit by the FTC over alleged misuse of facial recognition technology at its stores. Lastly, this holiday season more people are shopping for pre-owned gifts according to a new Salesforce report.