Core Insights - Kwik Trip is the first major convenience store company to implement a public policy regarding the use of pennies in transactions [3][4] - The Federal Reserve plans to cease penny production early next year, leading to a scarcity of pennies in circulation [3][4] - Kwik Trip's new policy involves rounding cash transactions down to the nearest 5 cents, while card transactions will charge the exact amount [6] Company Policy - The policy is designed to simplify transactions for customers and will remain in effect until a permanent legislative solution is established [4][6] - CEO Scott Zietlow emphasized the company's commitment to making transactions simple and fair, acknowledging potential confusion for customers [4] Industry Context - The announcement coincides with other strategic changes at Kwik Trip, including expansion into North Dakota, the rollout of an electric vehicle charging program, and a store remodeling project [4]