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Posted on 11/13/2025 8:22:19 AM PST by Diana in Wisconsin
Woodman's grocery stores have implemented new cash handling policies in response to a nationwide penny shortage, joining other regional retailers adapting to the end of U.S. penny production.
The employee-owned grocery chain began rounding all cash transactions to the nearest nickel on Monday. Purchases ending in 1¢, 2¢, 6¢, or 7¢ are rounded down, while totals ending in 3¢, 4¢, 8¢, or 9¢ are rounded up.
A more significant change takes effect Dec. 8, when Woodman's self-checkout registers will no longer accept cash payments. The self-service stations will only process card payments, including debit and credit cards, Discover, Mobile Pay, EBT Food Benefit cards, and Woodman's Gift Cards. Customers who prefer cash can continue using staffed checkout lanes.
Woodman's approach differs from Kwik Trip's recent policy change, which rounds all cash purchases down in customers' favor.
The U.S. Treasury ended penny production in 2025. Woodman's posted notices this week explaining both policy changes to customers.
Card and digital payment users remain unaffected by the rounding changes, as electronic transactions continue processing exact amounts.
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Is this new math? Why not round down 1,2,3,4 and up for 6,7,8,9. 5 is vendor choice I guess.
If we had a healthy economy they’d be minting fractions of a cent... in gold.
sorry skip the 5 comment that was stupid.
There is no penny shortage. I got 3 cents in change, this week. All were from the ‘70s. Hundreds of millions, if not billions, a year have been minted, since.
“Cash”? “Pennies”?
What are those? Never touch the stuff. $300 from the ATM lasts me two or three months these days.
Its to the nearest nickle, not dime.
For the record:
If you are a Walmart online member, you can purchase gasoline at Exxon stations at a $.10 per gallon discount. The Walmart ap on your phone knows when you are at an Exxon station and activates by asking for a pump number. You input the pump number and pump the gas. The charge is made to your existing Walmart account. The rounding delimma does not exist.
Walmart sells about everything like Amazon. If you save up and purchase in a lot of $35, Walmart delivers to your home for free. For my wife with somewhat limited mobility and inability to go all over the store to find stuff, this is a fantastic opportunity.
I was banned from the Kenosha Woodmans 5 years ago.
What Shortage?
According to the Mint, there are 330 BILLION pennies in circulation. And they just stopped making them yesterday.
Car dealers once (?) used a program called “high penny roll”. The finance guy’s computer automatically rolled up the numbers from 1 to 98 cents without going over the next dollar. If someone will pay say, $203.11 a month, they’ll pay $203.91, and it added up to tens of thousands a year in extra profit and few if any customers would actually check the math.
We (the U.S.) should eliminate pennies altogether and round to the nearest nickel.
This was done on base when I was stationed at RAF Lakenheath in England in 1973-1976. We never, ever missed the pennies; they are just a nuisance!
“””””I was banned from the Kenosha Woodmans 5 years ago.”””””
A sheriff in Texas kicked me out of his town about 1969.
Now, you really should explain that one. ??
No, they’re rounding both ways though I can’t read the print well enough to see exactly where the boundaries are.
See my post #14.
In England transactions that ended with 1,2 were rounded DOWN to the 0 mark. Transactions that ended with 3,4 were rounded UP to 5. Transactions that ended with 6,7 were rounded DOWN to 5. Transactions that ended in 8,9 were rounded UP to 10.
You’ll never miss those damn pennies!
“A more significant change takes effect Dec. 8, when Woodman’s self-checkout registers will no longer accept cash payments. The self-service stations will only process card payments, including debit and credit cards, Discover, Mobile Pay,...”
walmart tried that a few years ago and so many people quit shopping there that they reversed the policy in a couple of months ...
[walmart also tried to close all self-checkouts and that was an even bigger disaster for them and they had to quickly reverse that too.]
“If we had a healthy economy they’d be minting fractions of a cent... in gold.”
you’d need a microscope to see a fractional cent of gold ...
a gram of gold is worth about $136.00 right now, so even a one cent gold coin would be under 14 milligrams ...
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