More retailers are banning cash

More and more businesses like the Drybar chain of blow-dry salons don’t want your money — the paper kind at least, The Wall Street Journal’s Katherine Bindley reports.

The big picture: Chain restaurants Sweetgreen and Dig Inn have stopped accepting cash at nearly all of their locations, as have a Starbucks in Seattle and some pubs in the U.K. Massachusetts is currently the only state that requires retailers to take cash, but the inconvenient and sometimes awkward frustrations caused by cash bans have prompted lawmakers in New Jersey, New York City, Philadelphia and D.C. to consider taking up similar legislation.

FOLLOW THE LINK FOR THE FULL REPORT – JR

https://www.axios.com/retailers-ban-paper-cash-sweetgreen-dig-inn-starbucks-a94172f1-db08-466c-9647-c4b63f9b9b29.html

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Trump accuses Amazon of hurting ‘tax paying retailers’ – POLITICO

President Donald Trump lashed out again Wednesday morning at the online retailer Amazon, accusing it of harming “tax paying retailers” and stripping jobs from towns and cities across the country.

“Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being hurt – many jobs being lost!” the president wrote online just after 6 a.m. Wednesday.

FOLLOW THE LINK FOR THE FULL REPORT – JR 

http://www.politico.com/story/2017/08/16/trump-tweet-amazon-hurts-retailers-241685