According to Axios, while big chains like Amazon Go, Sweetgreen, and Shake Shack are fast eliminating cash sales, U.S. cities and states are fighting against this trend.
1. Why are states like New Jersey and cities like Philadelphia banning cashless retailers?
2. What percentage of U.S. sales are made with cash?
3. What is the trend in China?
4. What are some of the “work-arounds” to accept cash?
Pandey, E. (2019). The battle against cashless stores. Axios.com, March 2 (Retrievable at https://www.axios.com/banning-cashless-stores-6da5af22-f251-4fca-af71-e9a7579381b0.html).