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Pawn shops offer a way for people to get fast cash for loaned items, or for them to shop for items at a discount.When the pandemic hit, pawn shops were deemed essential and stayed open, but the reasons people came in were different than what was expected.“This is how we test diamonds, it’s a diamond tester” Michael Mack, owner of Max Pawn, said while explaining how pawn shops figure out the worth of a ring. “And then we weigh.”This is part of the process at a pawn shop, customers bring an item in and an employee assesses it. They make an offer based on value. If you say yes, you walk out the door with cash. You either keep the money and the shop eventually puts your stuff up for sale, or you bring the money back and reclaim your items.Like all industries, COVID-19 has caused some change.“Business is difficult,” Mack said. “All of these businesses are not able to do business the way they used to, and pawn shops are no different.”However, pawn shops were deemed essential. “We’re a financial institution. We remained open this entire time,” said Andy Zimmerman, CFO at Gold & Silver Pawn Shop.There to provide loans for people in need of fast cash, sometimes to those who don’t have access to a bank.“Unbanked and underbanked, they typically refer to a consumer that finds your typical bank branch not really meet their needs,” said Jonathan Polter, CEO of the app PawnGuru. The app connects customers with pawn shops, without having to go into a store first.“Traditional banks make money off a variety of transactions and because of the financial situation of the unbanked and underbanked consumer, they’re typically not credit-worthy of many of those other products,” Polter said. This was important during the last recession.“When 2008 hit, pawn shops became more prevalent because banks were giving less money to everyone. Before, pawn shops catered to a lower class middle class,” Mack explained. “We had people come in and get a loan on a Ferrari to pay their private school bill.”That’s what shop owners said they expected when the economy took a hit in March.“The anticipation was that the loan balances or the pawns would increase but, in fact, it’s worked the other way, with the federal stimulus, it seems that a lot of the customers typical of a pawn shop have in essence received a raise,” Zimmerman said. Zimmerman works at the Gold & Silver Pawn Shop in Las Vegas, a popular shop and tourist destination.“The outflow of goods versus the inflow of goods has been a surprise to everyone in the industry,” he said.Pawn shops can’t even keep certain items in stock, such as electronics, guns, and jewelry.“We were just selling through thousands of ounces of silver,” Zimmerman said. “The stimulus really had an impact on people’s behavior.”“Also bicycles, everyone wanted to ride a bicycle, so bikes are gone,” Mack said. This left many shops with low inventory, and lots of cash.“Right now, I don’t know that the industry has ever seen this before,” Polter explained. “Their industry is dried up and at the same time, they haven’t really had the time to replenish it.”“Pawn shops are not built to sit on cash,” Polter said. “They’re built to put cash into consumers pockets and that’s how they make money.”Mack’s shop is working with customers like many pawn shops are, offering curbside pickup or lowering loan interest rates for a while. “The asset is the customer,” he said.But without more loans coming in and a low inventory of items, pawn shop owners said there could be trouble further down the line.“We've been affected and if you drive to any other pawn shops there's nothing in their stores at all. So for that to come back we need a normal economy to really get loans and sell things,” Mack said. 3747
Police in tense downtown Portland on Saturday ordered protesters to disperse and leave a location where they saw people throwing projectiles, including rocks and bottles."Failure to comply with this order may subject you to arrest or citation, and may subject you to the use of riot control agents or impact weapons," police said on Twitter and on a loudspeaker at the scene.This came as dueling political rallies took place and police braced for potential violence. They told people not to bring weapons and warned that checkpoints and bomb-sniffing dogs would be on hand.Members of law enforcement -- who wore heavy armor on the streets -- ran toward protesters and continued to move them farther away from the location where flash-bang grenades were deployed, a CNN affiliate live signal from the ground shows."We aren't here to fight the police," a protester yelled. "We're here to fight the Trump supporters." 922
PHOENIX, Ariz. -- Whether you're a cat person or a dog person, this story is sure to warm your heart. It has a sad start, but a heartwarming end.The Sunshine Dog Rescue based out of Phoenix rescued a dog they have named "Georgia", an Australian Shephard Mix, found living at a gas station near the US-Mexico border, by Rocky Point.They quickly learned Georgia was pregnant. Sadly, none of Georgia's puppies survived. They were all born prematurely. Anita Osa, founder of Sunshine Dog Rescue, says Georgia was heartbroken after losing all of her babies."I've never had a mom dog lose a whole litter before. The best way I could describe it was she was frantic. It was so sad, she was looking for those babies. She tore up the toddler mattress we had her on, trying to find her babies," said Osa.Hoping to start Georgia down the path of healing, Osa put out a call for help on Facebook, looking for any animals that needed a lactating mother dog. What she ended up with was a trio of newly orphaned kittens, who also needed a mother.Osa said she initially wondered if a dog would accept kittens as her babies, but she was surprised to see the instant bond they formed."I introduced them to her gently. I first bought one out and let her sniff it, and she seemed to accept it, so I brought the others out. It's amazing to see how she instantly calmed down," said Osa."I think for the kittens, they have no idea that Georgia is a dog," she added.Georgia is even allowing her new kitten kids to nurse on her, although her milk production is low."They do nurse on her. She cleans them and everything but the bond is strong. It's really something to see, she protects those kittens just as if they were her babies," said Osa. 1726
PASADENA (CNS) - Joe Coulombe, the San Diego native who founded the Trader Joe's grocery chain and grew it from a single outlet in Pasadena to more than 500 stores in 40 states, has died following years of declining health. He was 89.Coulombe's son, Joe Jr., told reporters his father died late Friday at his home in Pasadena where he had been under hospice care."We're going to miss him a lot," his son told the Pasadena Star- News. "I think people are going to remember the wonderful Trader Joe's concept he put in place, and especially his treatment of his employees. He really cared about them."Those memories were already trending on social media early Saturday, with special note being made of Trader Joe's wages and unique, healthy foods."Trader Joe's is a model that every business should emulate," Twitter user NYGiantsfan74 posted. "The products are great, the prices are great and every ... employee is happy. I love Trader Joe's. Please don't ever change and become greedy."Another user simply expressed thanks "for Pirate's Booty and your free sample station."Coulombe, a San Diego native who was raised in Del Mar and earned a master's in business administration from Stanford University, began his retail career in 1958. His bosses at Rexall Drugs hired him to open a chain of 7-Eleven style convenience stores, which he later bought when the company abandoned the idea.But as 7-Eleven began encroaching on his territory, Coulombe shifted to what would become the Trader Joe's model: healthy foods that shoppers could not find in other markets, sold at reasonable prices in stores with South Seas nautical decor and employees dressed in Hawaiian-style shirts.The first Trader Joe's opened in 1967 on Arroyo Boulevard in Pasadena where it still stands Saturday, having spawned scores of similar outlets nationwide.Along the way, Trader Joe's gained a loyal following for everything from its "Two Buck Chuck" Charles Shaw wine and skincare products to its periodic "Fearless Flyer" newsletter, featuring the latest products and occasional behind-the-scenes podcast."Scientific American had a story that of all people qualified to go to college, 60 percent were going," Coulombe told the Los Angeles Times for a 2014 profile. "I felt this newly educated -- not smarter but better educated -- class of people would want something different, and that was the genesis of Trader Joe's."In later years, Coulombe became a noted philanthropist providing support for such organizations at the Los Angeles Opera and the Huntington Library, Art Collections and Botanical Gardens, sat on several corporate boards and thrived as an amateur painter and occasional food and wine commentator.Coulombe, who retired in 1988, is survived by his wife of 67 years, Alice, three children, and six grandchildren."He was a brilliant thinker with a mesmerizing personality that simply galvanized all with whom he worked," Trader Joe's CEO Dan Bane said Saturday. "He was not only our founder, he was our first spokesperson. He starred in captivating radio ads for years, always signing off with his unique, 'thanks for listening.' Joe developed a cadre of leaders that carried on his vision and helped shape Trader Joe's in the early years." 3237
PARADISE HILLS (KGTV) -- A Paradise Hills nursing home sees a surge in COVID-19 cases, worrying the families of those who live in the facility.According to the administrator of Reo Vista Healthcare Center, 71 residents and 28 staff members have tested positive for COVID-19. One resident passed away. State data from Monday shows Reo Vista Healthcare Center with the highest one-day positive patient total in the county.“Eight residents are currently hospitalized in stable condition. The remaining residents who tested positive for COVID-19 are isolated at the facility with mild symptoms,” said Curtis White, Reo Vista Healthcare’s administrator.White added that four employees have recovered and the remaining who have tested positive are also self-isolating with mild symptoms.Cesar Noriega’s 90-year-old mother is currently staying at Reo Vista. She has also tested positive for the virus. “I was terrified,” he told Team 10.“It’s a staggering number by any measure,” said Mike Dark, an attorney with California Advocates for Nursing Home Reform. He is not affiliated with Reo Vista Healthcare.Dark said California rules require nursing homes to come up with testing plans to cover all residents and health care workers. “The problem has been an execution of those plans. It’s been spotty at best,” Dark said.Another concern at nursing homes is the staff, which typically consists of certified nursing assistants. He said many often work at multiple places due to low pay.“When the virus comes into a facility and they’re exposed to it, they can carry it unwillingly into another facility that they’re working at,” Dark said.Noriega said he likes Reo Vista, but he needs to think of his mother’s health. “What happened with the outbreak there, it’s tragic. It’s unfortunate, so I need to get my mom out. I can’t leave my mom there,” Noriega said.The facility currently holds about 135 residents and 150 staff members, according to White. He said a baseline COVID-19 test was conducted on May 28th and a second round of testing occurred between June 16 and June 18. Test results came back on June 27.“This incident underscores the service and sacrifices made by our dedicated team every day. We’re grateful for their continued effort. Our top priority remains the health and well-being of everyone in our facility,” White said. 2339