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Cash America Expands its Texas Presence

By   /  June 28, 2013  /  Pawn Shops  /  No Comments

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Cash America has acquired a 41-store chain of pawn shops primarily under the name of Top Dollar Pawn and owned by TDP Superstores Corp.  President and CEO of Cash America said, “We are excited about this opportunity to further expand Cash America’s pawn lending business in the State of Texas. This group of 41 stores [...]

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Cash America’s Earnings Affected by Reorganization in Mexico

By   /  October 30, 2012  /  Pawn News  /  No Comments

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Cash America, a pawn shop and payday lender that also operates under the names ”SuperPawn,” ”Cash America Payday Advance,” ”Cashland” and “Mr. Payroll,” reported a major drop in earnings but still beat Wall Street’s expectations for the third quarter.  The company recently trimmed operations in Mexico and lays most of the blame for the recent [...]

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Cash America Closing Jewelry-Only Pawn Shops in Mexico

By   /  September 29, 2012  /  International Pawnbrokers  /  No Comments

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Cash America will be reorganizing its business in Mexico.  The company said they are not seeing any profits on its Mexican stores that sell jewelry only, which account for most of its locations.  They plan on closing approximately 150 of these stores and converting the rest to full-service pawn stores with a broader range of [...]

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Cash America Cancels Unit IPO and Sees Shares Slide

By   /  July 29, 2012  /  Pawn News  /  No Comments

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Cash America canceled a $500 million initial public offering of its Enova International Unit on Wednesday.  With warnings of a disappointing full year, shares slid 20 percent.  The company cited volatile markets as the reason for pulling the IPO and reported pawn lending faced weak demand in the second quarter. In a statement the company [...]

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