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Penny Shortage Sparks Cash Roundup at Major Chains

11/23/2025

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Story summary
  • The U.S. penny, last minted on November 12, 2025, faces shortages, prompting businesses to pay customers for pennies.
  • A survey finds stores lack sufficient pennies, risking losses.
  • McDonald's plans to round cash transactions to the nearest nickel, potentially costing taxpayers $56 million annually.
  • Wendy's and Kroger are rounding down prices to adapt.
  • Experts say penny retirement will have minimal long-term effects, with the nickel next due to rising costs.