SAN FRANCISCO, Ca. — Stores across the country are asking for exact change months after the U.S. Treasury Department announced plans to stop producing the penny.
The Trump administration decided to stop making the 1-cent coin earlier this year after the cost of production increased markedly, by upward of 20% in 2024, according to the Treasury. By ending the penny's production, the Treasury expects an immediate annual savings of $56 million in reduced material costs, an official told the Associated Press in May.
Customers reported that some stores are already rounding prices up or down for cash transactions.
Retailers Adjust to Shortage
Retailers nationwide, including Kroger and Home Depot, are impacted by the penny shortage, according to USA Today . Some Kroger locations in Ohio ha

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