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Home   About   Membership   Resources   Government Affairs   Meetings & Events Nov. 6, 2012

For 8 million Americans, pawnshops provide a better alternative to other forms of credit
Nashua Patch    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A new study out of Vanderbilt University explores the growing public reliance on pawnshops, businesses that offer customers quick cash short-term loans in exchange for valuables. More people than ever — about 7 percent — have used a pawnshop, according to the study, as an economic alternative to making ends meet. More

Supreme Court case court make reselling items more difficult
Chicago Sun-Times's Post-Tribune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Most people assume the right to sell your property is as American as apple pie, but a U.S. Supreme Court case puts that right in question when it comes to products made overseas. Now the ability to resell a Toyota, a piece of art bought while on a European vacation or even possibly an iPhone will depend on how the Supreme Court justices rule in the case, Kirtsaeng vs. John Wiley & Sons, Inc. More

The rise of designer pawn
The Daily Mail    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When Tiffany Jackson's husband James Jackson lost his job last year the couple quickly felt the pinch. They put their six-bedroom home in Weybridge, Surrey, England, on the market, but while they waited for it to sell, money was tight. "A couple of credit-card bills came in" recalls Tiffany Jackson. "Normally it wouldn’t be a problem with my husband's salary, but we were struggling." Traditionally, the solution might have been a bank loan, or a begging phone call to friends. Instead, Tiffany Jackson, 32, a housewife who is used to dressing in designer labels, took a different tack. More

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How 'Pawn Stars' crosses paths with museums
The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
As programs like PBS's "Antiques Roadshow" and the History Channel's "American Pickers" and "Pawn Stars" attract millions of viewers by assessing crazy collectibles, august institutions like the American Museum of Natural History and the North Carolina Museum of Art are inviting people to haul in their heirlooms for expert appraisal. "People think that museums and TV shows have little in common," said Louise Mirrer, president and chief executive of the New-York Historical Society, "but there is tremendous crossover between these reality programs and our reality here on the intellectual and the emotional side." More

Gold recovers from 9-week low ahead of US election
Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Gold prices firmed a touch after posting their biggest one-day drop since mid-June in the previous session as investors took to the sidelines ahead of today's (Nov. 6) U.S. presidential election. Gains in the metal were limited by weakness in stock markets and a rise in the dollar, however, as low-risk assets rose at the start of a week in which the United States votes in a new president. More


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To sell, or not to sell?
KIMT-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
It seems like every channel has them; a show about running a pawnshop, picking through sheds for valuable antiques, or finding valuables in a storage unit. But these shows are set in Detroit, Las Vegas and other big cities. Does it work the same way in Iowa? More

Gorilla masked robber robs Austin, Texas, pawnshop
KXAN-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Police are searching for a man who robbed a pawnshop in Southeast Austin while wearing a gorilla mask. Police said the masked suspect came into the Cash American Pawn just before 5:30 p.m. The suspect had a gun and fired one shot which injured a female employee. More

Burglars busted by alert pawnbrokers
WALB-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When Shannon Partain and his girlfriend Patches Branson went into Moultrie Gold Buyersu in Moultrie, Ga., investigators say their plan of scoring some quick cash went south real quick. "They actually told them they couldn't take the stuff without an ID. So they left the jewelry there and went to go get an ID," said investigator Shannon Hart. Employees there had been tipped off about some stolen jewelry and called the cops. More

Man sentenced in Mississippi pawnshop robbery
WTVA-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A Tupelo, Miss., man man will serve federal prison time for the robbery of a Nettleton, Miss., pawnshop. Timothy Rydell Montgomery, 31, was sentenced this week for his role in the robbery of the Gold Exchange in July of 2009. More

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5 customer retention tips for entrepreneurs
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When it comes to growing their startups, many entrepreneurs are so focused on gaining new clients and customers that they fail to effectively address the need to retain those they already have. This is counterproductive considering that it's far easier (about 50 percent easier according to Marketing Metrics) to sell to existing customers than to brand new prospects. More

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