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Hot Issue: Cash/Credit Cards

4/28/08
Customers Cashing In

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The British Retail Consortium (BRC) has reported that cash is now used for 60 percent of all transactions, up from 54 percent last year. Measured by value, cash is used for 34 percent of retail spending compared with 32 percent a year ago. Do you see cash making a comeback in the U.S.? What impact would it have on retailers? Would this be a positive or negative development?

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