US Treasury Cuts Costs by Axing the Penny: What it Means for Retailers
The penny’s swan song – likely to occur next year – may save millions, but it won’t shake 99-cent psychology in retail pricing.
The penny’s swan song – likely to occur next year – may save millions, but it won’t shake 99-cent psychology in retail pricing.
A new survey by Zilliant reveals that nearly half of businesses plan to pass tariff-related costs onto consumers. As companies navigate tariff-related challenges, transparency with consumers will be critical to maintaining trust and avoiding backlash.