It's Hard Out Here for a Penny
At Cheese Board Pizza in Berkeley, Calif., a slice of pizza comes to $2.73 (that's $2.50 plus tax.) But if you pay with $3, youll get a little bonus. The store cashier will hand you back 30 cents -- just a little more than the correct change. Thats because there are no pennies allowed in this restaurant.
We try and avoid them at all costs, pizza shop worker Niklas Terczak told The Huffington Post. The pizza store has been penny-free since August 2012.
Cheese Board is just one of a number of small businesses around the country refusing to do transactions with pennies because they are too cumbersome to deal with when considering their measly monetary value.
Stores contacted by HuffPost said that instead of doling out odd change, they rounded down to the nearest nickel when dealing with cash-paying customers -- even if it meant a small loss for the company. ....................(more)
The complete piece is at:
http://www.huffingtonpost.com/2013/04/10/cheese-board-pizza-pennies-stores-ban_n_3047252.html?ncid=txtlnkushpmg00000037&ir=Politics