In what could be the beginning of the end for coins, the country’s largest supermarket chain has announced it will no longer give its customers coins as change. Kroger officials on Monday revealed cashiers will now offer customers two options in lieu of receiving change: they can either apply it to their loyalty cards to use for their next purchase, or they can donate it to Kroger’s “Round Up” program, which gives the change to charity.
Locally, Smith’s is a subsidiary of Kroger so I would assume this goes for them too, but I haven’t been to a grocery store in about a month so I’m not sure if this is going on here. I will go buy a box of Otter Pops today and report back.
Kroger stops giving change in coins due to a shortage caused by the coronavirus pandemic https://t.co/0k22DaQxQI
— Daily Mail US (@DailyMail) July 14, 2020
In June, the Federal Reserve revealed fewer people have been spending cash because of the coronavirus, resulting in far less coins in circulation than usual.
Should the U.S. do away with coins all together? Maybe just pennies?