Cash Converters Morley Opening Hours – There are ways to make money without the hassle of endless paperwork. We offer you an easier, smarter and more convenient way to get money in hand, but without taking the traditional money lender route.
The secondary market is a place where goods are exchanged for cash – these goods are then refurbished and sold to someone else. According to an article published by Assistant Professor Yulia Hristova PhD, the secondhand market has been popular for centuries. “The retail trade in used goods has long traditions and development. It is believed that people in European countries started buying and selling used clothes in 14
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Century, and we can safely conclude that people will continue to sell their beloved items because they see it as a better option to generate money.
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If you have any of these items in your home and want to get a better price for them, follow these tips.
We take all necessary hygiene measures to ensure that all our stores comply with all government regulations to prevent the spread of COVID-19. The safety of our staff and customers is our highest priority.
If you are interested in learning more about our brand, our business model and how to become a franchisee, we invite you to join our CEO and co-founder, Richard Mukhbir, for a virtual webinar. second hand Retail chain Cash Converters has acquired its Melbourne City franchise. This follows the acquisition of Morley (WA) in October 2020 and is expected to deliver a statutory NPAT improvement in the 2021 financial year.
Of the 37 Cash Converter stores in the metropolitan area and Victoria, 14 are franchised. The acquisition of the Melbourne City store strengthens Cash Converter’s company-owned and operated store presence.
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“This is a continuation of our strategy to grow and expand our business in Australia,” said Sam Budiselic, CEO of Cash Converters. Having not purchased a franchise store for several years, the successful acquisition of two stores within a few months is testament to our ability to identify and quickly act on opportunities.
“We thank the previous licensee for their many years of commitment to the cash changer network in both Australia and New Zealand.”
Cash Converters will continue to discuss franchise acquisitions with franchisees and expects to see more deals completed in this and future financial years.
In October 2019, the used goods retailer agreed to pay $42.5 million in compensation to 48,000 customers in a settlement following allegations it breached Queensland’s credit laws.
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It’s been a tough year for Cash Converters with CFO Martin Jenkins leaving the business a week after the retailer and lender reported a $1.7 million loss for the 2019 financial year. The company has revealed which of its stores will welcome customers as a part. A stage plan
A retailer has confirmed it plans to reopen its Plymouth and Exeter stores on Monday (June 15).
Cash Converters says it is welcoming customers back to many of its locations as part of a “phased” plan after the government’s decision to ease some coronavirus lockdown rules – including allowing non-essential shops to reopen – will
And locations due to reopen include its stores on New George Street in Plymouth and Sidwell Street in Exeter.
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The company says that before reopening, “intense preparations” are being made to ensure its stores are “COVID-proof” to “maintain the safety of customers and staff, ensure social distancing and limit the spread of the virus”. ” is done. .
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Peter Hall, CEO of Cash Converters UK, said: “We know our customers are as keen as we are to ensure we reopen quickly but safely and are ready to reopen in stages from June. Being has been an absolute important part of our work 15
“We are the number one retailer of used goods and people rely on us for them, so we want to get back into our local communities as quickly as possible and once again provide our customers with the products they need and would like to offer services.
“We want customers to know they can buy from us with confidence, and we will have all the necessary safety and social distancing measures in place when we reopen.”
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