Local Business News
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In this section of the site you'll find news and information we come across related to local businesses in Lafayette Colorado as well as local food initiatives along the Front Range and beyond.
Penny-wise, pound-foolish: Restaurants feel short-changed by the elimination of the penny
via Restaurant Business Online
Posted December 27, 2025 10:28 pm
by Paul Bonneville
As such, restaurants must change the way they treat cash customers, rounding to the nearest 5 cents when they do not have the exact amount. This is expected to cost restaurants a pretty penny: The National Restaurant Association estimates that rounding will cost restaurants an estimated $13 million to $14 million per month, or up to $168 million per year.