More Retailers Go Cashless To Cut Costs, Theft As Holiday Shopping Ramps Up

This holiday season, you might want to leave home without it.

No, not American Express travelers checks, as the twist on the company’s old tagline suggests – but cold, hard cash. In an effort to cut costs and hassles, a small but growing crop of retailers have stopped accepting the tried-and-true paper currency.

Some restaurants in large cities began shunning the greenback a couple of years ago, but an increasing number of nonfood chains are going cashless at some or all of their locations or never took bills at the brick-and mortar stores they’ve opened in recent years.    MORE

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