NPA This Week in Pawn

Bloomberg
Japan’s resale market for luxury brand goods is worth almost 200 billion yen, according to a government report. Yahoo Japan Corp.’s auction website is dominant, but there’s plenty of competition. Mercari Inc. became Japan’s first startup unicorn with a marketplace app, and even EBay Inc. is returning to the market. 

AP
Remington, which as roots dating to 1816, has lined up $100 million with lenders to continue operations. It remains unclear what will happen to its 3,500 or so employees as it reorganizes.

Get Ahead with GIA Distance Education
Gemological Institute of America
Boost your confidence and credibility with a gem and jewelry credential through GIA Distance Education. Our comprehensive online courses give you the essential gem and jewelry knowledge you need to succeed with the flexibility of studying at your convenience. NPA members save 10% on tuition! Learn More at:
gia.edu/gem-education/distance
Advertisement

Associated Press
Police in the suburban St. Louis town of Arnold are investigating after a pawn shop employee fatally shot a man suspected of trying to rob his store.  

KOB 4
Employees at a pawn shop in northeast Albuquerque are on high alert after a drive-by shooting in broad daylight earlier this week.

David H. Fell & Co., Inc.
Wexler provides Pawnbrokers world-class insurance products & service.
Wexler Insurance Agency, Inc.
Wexler Insurance Agency/IJB has an In-house Underwriting and a Claims and Loss Control Department focused on providing Pawnbrokers world-class products and service at competitive prices. We are one of the largest cover holders for Certain Underwriters at Lloyd’s of London. We also represent other financially sound highly respected insurance companies
Learn More
Advertisement
Wexler Insurance Agency, Inc.
Wexler Insurance Agency, Inc.

Reuters
The top cop for U.S. consumer finance has decided not to sue a payday loan collector and is weighing whether to drop cases against three payday lenders, said five people with direct knowledge of the matter.

Power to the Pawnbroker! Make an extra $40,000 this year on Bravo.
Bravo Pawn Systems
Bravo Pawn Systems is the only point-of-sale software created by pawnbrokers for pawnbrokers. We provide the tools pawnshops need to simplify day-to-day operations, increase loan balances, sell more online, and engage employees. Plus, we offer the industry’s only mobile app, MobilePawn, where customers view their account, make loan and layaway payments, and can shop your inventory 24/7.
Click here for a no obligation demo of Bravo and learn why hundreds of pawnbrokers make the switch to Bravo year after year.
Advertisement

Click below to see the upcoming events.

XCaliber Auction Firearms LLC
Stuller, Inc