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A-OK center in Wichita, Kansas, finally ready to open
The Wichita Eagle
Bruce Harris' new A-OK center at New Leaf Plaza in Wichita, Kansas, finally is ready to open. "This damn project's been two years in the making," he says. That's about a year and a half longer than he planned. "I've been through hell."
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First Cash acquires 15 pawn stores in southeastern US; company surpasses 1,000 store milestone
First Cash Financial Services, Inc. announced that it is acquiring a chain of 15 large format pawn stores located in the states of Kentucky, Missouri, Tennessee and South Carolina. With this acquisition, the Company now operates over 1,000 total store locations in 13 U.S. states and 29 states in Mexico.
Cash America to spin off online financial service arm
Dallas Business Journal
Cash America has announced the spin off of its online financial services arm Enova. The separation is expected to occur at 12:01 EDT on Nov. 13. With the move, approximately 80 percent of Enova's outstanding shares will be transferred to Cash America International shareholders.
1-In-4 Americans turn to payday loans and other high-cost financial products
When discussing the topic of payday loans — or other high-cost, short-term financial products like auto-title loans and check-cashing — there can be a tendency to treat them like something that only a small percentage of Americans use. But a new report from the FDIC confirms that 25 percent of us have turned to one of these potentially predatory services in the past year, and that this rate has not been going down.
Tips for going into business with friends or family
If you've ever started up with a friend or family member, what is one thing you recommend someone do in advance to preserve that relationship if the business goes sour?
New rules for pawnshops in San Diego
U-T San Diego
The San Diego City Council revised rules governing pawnshops, massage businesses and emergency alarms. City officials said the changes bring San Diego's laws in line with the state. Pawnshops, also known as junk dealers and second-hand stores, now need two separate licenses for the goods they sell: one for precious metals and items with serial numbers, and another for books, clothing and furniture.
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2 sisters arrested for trafficking in stolen goods
Pima County Sheriff's Department in Arizona have arrested two sisters suspected of pawning nearly $25,000 worth of jewelry. Detectives said some of the jewelry came from burglaries that spanned the last six months.
Microsoft's $300 Xbox One is a steal
Microsoft MSFT -0.06 percent broke the news that the Xbox One would be getting yet another price cut, albeit a temporary one. Earlier this year, the system dropped $100 from its price tag after extracting itself from the Kinect, and then effectively sunk another $50 after that with $400 bundles that included a game you would most likely buy anyway.
Caution urged for those seeking gold bargains
Once dismissed as a "barbarous relic" by John Maynard Keynes, gold has been on the receiving end of some market barbarity in recent months. The gold price has fallen nearly 11 percent from its March high of $1,379 an ounce as expectations of gathering momentum in the U.S. economic recovery and, more importantly, further gains in the U.S. dollar have erased the luster from the precious metal that notched up an impressive 12 consecutive years of gains up until 2012.
10 steps for creating your business's Facebook page
If you're still holding out on creating a Facebook page for your business, the reasons to reconsider your position are multiplying fast. Here are just two: Nearly 9 million small businesses use Facebook to build consumer awareness for their brands and services, and a whopping 86 percent deem them their most effective tool for engaging with customers.
5 questions you must be able to answer about your business
One of the key opportunities for a business to grow is when leaders recognize the need to revisit, refresh, or redefine the key building blocks that drive their business. When the CEO or CMO realizes it's time to reinvigorate and reposition their brand, it oftentimes highlights the need to refine or redefine their overall business strategy.
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