Kroger Announces They’re Not “Changing”
July 14, 2020 6:45AM EDT
393785 04: (HOLLAND OUT) A Euro coin packaging machine is fed coins August 28, 2001 in the Netherlands Bank depot in Lelystad, Holland. The first of some 2.8 billion Dutch coins will be handed out to Dutch banks September 3, 2001. American Economist and Nobel Price winner Milton Friedman is very pessimistic about the Euro currency and has warned that an economic down turn in one country will result in problems in other European nations. (Photo by Michel Porro/Getty Images)
Kroger’s not “changing.”
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.
In June, the Federal Reserve revealed less people have been spending cash because of the coronavirus, resulting in far less coins in circulation than usual.
Outside of vending machines, we can’t even remember the last time we needed change. Do we even need coins anymore?
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