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Reality TV burnishes image of the neighborhood pawnshop
Reuters
After centuries on the fringe of consumer finance, the neighborhood pawnshop is pushing its way toward the mainstream, thanks to the power of reality television and the long arm of government regulation. The History Channel's hit show "Pawn Stars," featuring a Las Vegas shop run by three generations of the quirky but endearing Harrison family, has helped transform the image of the pawnshop, portraying it as a fun place to do business and discover one-of-a-kind buys. At the same time, more consumers, even those with other loan options, are finding that the simplicity of the pawnshop has its appeal.
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Les Gold and family from 'Hardcore Pawn,' heading to Italy
WXYZ-TV
Detroit's biggest pawnshop, American Jewelry and Loan has been bargaining, arguing and making the big deals on Tru-TV. Millions have watched 'Hardcore Pawn' about the shop on 8 Mile and Greenfield since it debuted in 2010. Now, Les Gold and his family are heading to Italy where the show is wildly popular!
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Houston-area pawnshop burglary suspect caught behind a banana tree
Houston Chronicle
A burglar pried siding off a pawn shop to squeeze inside only to be captured on surveillance cameras as he grabbed items. Houston police caught a suspect at the scene. The heist happened at R&R pawnshop, according to the Houston Police Department.
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    Investor launches pawnshop concept
    Minneapolis / St. Paul Business Journal
    Greg Daniel has bought, sold and managed retailers, but his newest venture is launching a pawnshop concept in the Twin Cities. He opened his first PawnWorks store in Burnsville, Burnsville, in December and is building out a second store in Crystal, Minnesota. Daniel's firm, Daniel Capital Group, previously owned the 16-unit Max It Pawn chain before selling it in two deals in 2011 and 2012.
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    Gold reaches 7-week high as precious metals climb on jobs data
    Bloomberg
    Gold climbed to the highest in almost seven weeks after disappointing data on U.S. jobs spurred speculation that the Federal Reserve will delay raising interest rates. Platinum reached a one-month high. American companies added 126,000 positions in March, the smallest expansion since December 2013, according to the Labor Department report.
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    Inside the new federal payday loan rules
    PBS NewsHour
    The federal Consumer Financial Protection Bureau recently took new steps to protect the working poor from people critics describe as predatory lenders, those who make what are known as pay day loans. Chico Harlan of The Washington Post joins PBS NewsHour anchor Hari Sreenivasan to discuss the changes.
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    The science behind using humor and gratitude to motivate your team
    Fast Company
    Track and marketing actually have a lot in common. Individuals are part of a larger team, but most of the work they do is on their own.
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    TRENDING ARTICLES
    Missed last week's issue? See which articles your colleagues read most.

        Pawnbrokers report trends and steady industry growth (National Pawnbrokers Association)
    Flexibility vital in pawnshop's success (The Republic)
    Pawn Stars building shopping center next door to shop (KLAS-TV 8)
    FDIC chairman will testify during Operation Choke Point hearing (ACA International)

    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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