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Home   About   Membership   Resources   Government Affairs   Meetings & Events Aug. 21, 2012

Texas pawnshop owner works to change
industry's image

Longview News-Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Jeff Mercer said his recently opened Cash Capital Pawn inn Longview, Texas, will offer patrons traditional pawnshop services in a clean, wholesome environment. Mercer said the shop opened in April with the customer in mind — focusing on quality power tools, new and used firearms, televisions, a broad range of electronics, musical instruments, games, DVDs, jewelry and gold and silver. More

Chain of Denver pawnshops selling for $46 million
Denver Business Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A Texas company announced it's buying a 16-store chain of Denver-area pawn shops for $46 million. First Cash Financial Services Inc. of Arlington, Texas, said the purchase of Fast Cash Pawn is expected to close later this year. More

Gun sales boom runs low on powder
MarketWatch    Share    Share on FacebookTwitterShare on LinkedinE-mail article
For one analyst, this is too much of a good thing for Smith & Wesson Holding Corp. SWHC +2.11 percent and fellow gun maker Sturm Ruger & Co. RGR +0.71 percent. Both companies were downgraded by Scott Hamann at Keybanc Capital Markets. The reason? Valuation. More

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Cohen Brothers of Chicago's Royal Pawn set to star in latest reality series
Chicago Sun-Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
One of the hottest sub-genres of reality TV — aside from knocked-up teenagers and rednecks — is pawnshops, and Chicago is about to jump into the fray. "Hardcore Pawn: Chicago," headed for the cable channel truTV later this year, is being filmed at Royal Pawn Shop. More

Cobb County, Ga., police chief wants pawnshop owners to collect more data
WSB-Radio    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Cobb County Police want to reduce property thefts in the Atlanta area. So, they're asking for help from area pawnshops. Chief John Houser is asking county commissioners to force pawnshops and precious metal buyers to collect more information from sellers. More

Platinum hits 6-week high on Lonmin strike; gold firm
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Platinum rose to its highest in more than six weeks as supply worries lingered after violence at a major mine in South Africa, the world's top platinum producing country, while gold firmed a touch. More

Big retailers team up on mobile payments plan
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A group of big retailers that includes Walmart Stores Inc., Target Corp and Japan's 7-Eleven is developing a mobile payment network, adding to the proliferation of options that let consumers pay with smartphones. The system, known as Merchant Customer Exchange, is a retailer-led initiative that would match similar services from Google Inc., which began operating its own system last year on its Android devices. More
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'Cajun Pawn Stars' ready to shoot season 3
Alexandria Town Talk    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Jimmie DeRamus said traffic at Silver Dollar Pawn & Jewelry Center has more than tripled since the shop in Alexandria, La., became the subject of a reality TV show. The DeRamus family and their store on Lee Street are the stars of the History Channel series, "Cajun Pawn Stars." DeRamus spoke at a meeting of the Alexandria Exchange Club about the highs and lows of having his life exposed to a national (and international) audience. More

Jobless rates rise in 44 states in July
The Associated Press via San Francisco Chronicle    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Unemployment rates rose in 44 U.S. states in July, the most states to show a monthly increase in more than three years and a reflection of weak hiring nationwide. The Labor Department said that unemployment rates fell in only two states and were unchanged in four. More


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From gold teeth to millionaires in a Cobourg, Canada, pawnshops
Northumberland News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Unlike the popular television show Pawn Stars, there are no airplanes, robots or giant gold bars pawned in Cobourg, Canada, according to the pawnshop operators. "That's more for TV," said Adam Bureau, owner of Cobourg's Buy and Sell on King Street. Nevertheless the pawn business is interesting, Bureau added. More

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NPA Weekly NewsBrief
Colby Horton, Vice President of Publishing, 469.420.2601   Download media kit
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