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Giant Eagle Launches One-Day Penny Exchange Saturday, Doubling Value in Gift Cards

The grocer says the effort preserves exact change during penny supply cuts tied to federal policy.

Overview

  • Penny Exchange Day runs Saturday, Nov. 1, from 11 a.m. to 4 p.m. at more than 200 participating Giant Eagle and Market District locations.
  • Shoppers can trade pennies for a Giant Eagle gift card worth twice the coins’ value, with a $0.50 minimum per transaction and a $100 cap.
  • The company describes the collection as temporary and intended to sustain exact-change capability for cash transactions.
  • Giant Eagle says the step helps maintain accuracy and fairness while it awaits formal U.S. guidance on potential rounding practices.
  • The promotion follows reduced penny production by the Treasury and limited Federal Reserve distributions, with other chains like Kroger and Aldi adjusting cash policies.