Change shortage continues, Kroger not giving it

Darnell Taylor
July 15, 2020

A coin shortage has prompted grocery store Kroger to stop giving coin change to customers.

Those two factors - added to businesses reopening and now needing coins - have resulted in what some are calling a coin shortage. Instead, the remainders from cash transactions will be applied to customers' loyalty cards and automatically used on their next purchase.

A Federal Reserve news release from June 11 explains the pandemic has "significantly disrupted the supply chain and normal circulation patterns for US coin".

The agency is managing how it distributes the coins it does have and is encouraging institutions to only order enough coins to meet consumer demand. Kroger outlined its current situation while responding to a customer complaint on Twitter, pointing to "disruptions" at the U.S. Federal Reserve as the reason for the policy change.

"The Federal Reserve is experiencing a significant coin shortage that is impacting our store operations and ability to provide change". As the economy reopens, we're seeing coins begin to move around again'.

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Additionally, the mulberry trees that will supply leaves for the gin were initially planted during the reign of James I. Currently, there are 40 different species of such trees planted throughout the palace garden.

Contactless payments allow people to pay with a phone, debit or credit card, Crilly said, so cashiers were not taking in physical cash or coins.

Crilly said the volume of coin being deposited to the bank has not decreased noticeably.

The Federal Reserve, as with many other employers, was forced to significantly downsize its workforce as a result of the coronavirus outbreak. "We are not actively soliciting loose change from our clients but we do accept rolled coin at all locations", Campbell said.

A lot of us look at spare change as a nuisance, but right now it is in short supply.

Officials at the Fed say they're working to lessen the effects of the shortage, to minimize supply constraints and maximize production.

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