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New app designed to update pawnshop process
TheJacksonville Daily News
Jeff Beaucicaut grew up in the Queens borough of New York City with little more than an insatiable desire to learn and to make a better life for himself. During those years, his grandmother would take him to neighborhood pawnshops and thrift stores. Those experiences would set the foundation for a mobile application Beaucicaut hopes will change the way pawn shop owners and patrons conduct business.
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Norcross, Georgia, council sides with 'overwhelming' resident opinion against pawnshop
Gwinnett Daily Post
Citing overwhelmingly negative response from residents, the Norcross City Council in Georgia, firmly denied a company's plans to run a pawnshop. Big Deal Pawn, billed as a "family friendly" establishment, won't be allowed to open in the Indian Village Shopping Center, despite assertions from the Cherokee County, Georgia-based business that it wouldn't cause further issues for the largely impoverished area.
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EZCorp faces big hit if Texas tightens payday loan regulations
Austin Business Journal
EZCorp Inc. could close a big chunk of its business if Texas legislators adopt stricter regulations on short-term payday loan activities in the upcoming legislative session. It's a fear the company disclosed in an annual filing with the U.S. Securities and Exchange Commission.
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Defense frustrated with delays in Danville, Kentucky, triple pawnshop murder case
WTVQ-TV
The defense in a high profile, triple murder case in Danville, Kentucky, said it was disappointed that a trial date had not yet been set. A status hearing was held in the Kenneth Keith case in Boyle County. Keith is accused of shooting and killing three people at a Danville pawnshop in September 2013.Two of the victims, Michael and Angela Hockensmith, owned the store. A customer named Daniel Smith was also killed in the shooting.
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Cash America International Inc. drops 5.04 percent on Dec. 2
Equities.com
Cash America International Inc. was one of the Russell 2000's biggest losers for Dec. 2 as the stock slid 5.04 percent to $22.59, a loss of $-1.2 per share. Starting at an opening price of $23.85 a share, the stock traded between $22.51 and $23.85 over the course of the trading day. Volume was 1.03 million shares over 7,507 trades, against an average daily volume of 269,111 shares and a total float of 28.89 million.
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Polished diamond suppliers reduce prices in November
Diamonds.net
Polished diamond prices fell in November as suppliers lowered prices in an effort to raise cash flow. Tight liquidity remains the biggest challenge facing diamond dealers and manufacturers. Demand is selective with low trading levels, while the focus of the industry has shifted to consumer demand during the Christmas retail shopping season.
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Abilene, Texas, pawnshops, police collaborate for community's sake
KTXS-TV
The Abilene Police Department in Texas and area pawnshops work together daily for the safety of the community. People's items are stolen for a variety of reasons, but once they are taken, the police department works the area's pawnshops to try and recover them.
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Brother of slain Georgia man testifies in Fayetteville pawnshop murder case
Fayetteville Observer
Jurors heard testimony from the brother of a Georgia man killed the day before Kyle Harris was shot to death in a Fayetteville pawnshop. Cedric Theodis Hobbs Jr., 33, is suspected of killing the man in Georgia and stealing his red Chevrolet Suburban. Prosecutors say Hobbs then killed Harris in a robbery after the Suburban broke down in Fayetteville.
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Pawn ticket, video helps police nab burglary suspects
KABB-TV
San Antonio Police say a pawn ticket and security video helped them catch two burglary suspects. Jerrold Vidaurre and Joseph Rios are accused of forcing their way inside a home and taking a television and some video gaming equipment.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Longtime Sacramento, California, pawnbroker relocates inside rival's shop (The Sacramento Bee)
Police: Thieves try pawning coins back to owner (WFOR-TV)
Women without bank accounts are on the verge of launching a mobile money revolution (The Washington Post)
Serial pawnshop bandit suspect charged by Snellville, Georgia (The Atlanta Journal-Constitution)

Don't be left behind. Click here to see what else you missed.


 

NPBA Weekly NewsBrief
Colby Horton, Vice President of Publishing, 469.420.2601
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