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.
For those who remember the soaring inflation and double-digit interest rates of the late 1970s and early 1980s, President Joe Biden’s economic relief packages present a real fear about rising inflation. At the same time, …