Cold, hard cash: One day you might have to tell your grandchildren what this phrase means, because cash is quickly fading into irrelevance. Today, only about a quarter of consumers make all their purchases with cash, and a growing number
Led by big chains like Amazon Go, Sweetgreen, and Shake Shack, U.S. retailers are fast eliminating cash sales. But cities and states across the country are fighting back.
When Bluestone Lane decided to go cashless, the people running the coffee franchise were thinking of efficiency. “Cash takes time,” said Andy Stone, vice president of brand marketing and events at the company, which was inspired by cafe culture in
Cash is no longer king at many businesses in Philadelphia. The sound of credit cards swipes are drowning out the cha-ching of cash registers, reports CBS News correspondent David Begnaud.
NATIONAL REPORT — Frictionless checkout is picking up steam in the convenience channel, with several retailers including Cruizers, Family Express, Enmarket and 7-Eleven implementing the retail technology.
Rebecca Esparza works with homeless people and, having once lived in a shelter herself, knows what it’s like to navigate the U.S. economy if you don’t have much money. For most of her clients, cash is king because they lack
Pass by Sweetgreen—the popular fast casual salad chain—and you’ll see a sign that says NO CASHEW, with the latter two letters conspicuously crossed out. It’s a cheeky homage to their no cash policy, a relatively new trend drawing ire from
Philadelphia has passed a law requiring most retail establishments to accept cash, making it the first U.S. city to ban a practice critics say is discriminatory. Mayor Jim Kenney last week signed the law, passed by the city council in February,