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Canadian grocers make $3M per year from penny rounding: Study | Canadian Grocer

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Posted in December
By The Canadian Press | December 18, 2017

Grocery stores across the country are cashing in on the demise of the penny, according to a young researcher at the University of British Columbia. Third-year economics and mathematics student Christina Cheung has written a paper that says Canadian grocers are making $3.27 million per year from penny-rounding.

http://www.canadiangrocer.com/top-stories/headlines/canadian-grocers-make-3m-per-year-from-penny-rounding-study-77727
 

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