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Not a good sign

January 25, 2010 | alternatives, industry | Comments (0)

From a Wilmington, NC paper:

Many Wilmington pawn shops are flush with so many contractor tools that many shops are no longer accepting them.

“Basically, it’s all about supply and demand,” said Bill Dawson, general manager of East Coast Jewelry & Pawn, 1702 Dawson St., and Coastal Jewelry & Pawn, 5030 Market St. The pawn shops are owned by Carolina Jewelry & Pawn, a nine-store chain based in Durham.

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