By PHILLIP LEE
In these times of economic downturn, people are becoming more desperate. One result appears to be that crime is on the increase — and one target may be the pawnbroking industry.
By JERRY WHITEHEAD
Many of the operations I have modeled recently have increasing inventory levels due to more aggressive lending, buying and forfeitures.
Some of us like to sell our stuff, and some are genuinely afraid to let go of something. It never ceases to amaze me that so many operators still price their product to the moon. You would think they have never been to a Home Depot or Target in their lives.