The birth of the big box retailer started in 1962 by Sam Walton when he opened the first Wal-Mart in Rogers, Arkansas. This gave local shoppers better access to dry goods, jewelry and clothing. By the 1970’s, big box retailers ruled the landscape with quick expansion. Companies like Sears, Target and Kmart began to grow at a quick rate. Sears sold a wide variety of items; from automobiles to hunting rifles.
Beginning in 2008, many big box retailers were negatively impacted by the recession. They failed to change with the times, they were reactive instead of proactive. Many were loaded down with debt and unable to sell their outdated merchandise. Circuit City was one of the first big box electronics retailers to close their stores; followed by Linens ‘n Things. Other factors that influenced big box retailers were online shopping and Amazon. Customers gravitated to the ease of shopping from home. This was a factor in the closings of Toys R Us and Borders book stores.
The pawn industry is one that has not only survived over the decades but has flourished! The pawn shop industry is 3,000 years old. During the 14th century, King Edward III of England is to have frequented pawn stores in Europe. The pawn store industry is recession and Amazon proof!
USA Pawn in headquartered in Jackson, Mississippi. We have 6 locations in central Mississippi, including Jackson, Canton, Pearl and Vicksburg. USA Pawn has the same items that you will find at a big box retailer…but at much lower prices. All items come with a 30-day guarantee. We sell everything from flat screen TV’s to Rolex watches, Glock handguns and Dewalt tools. We warranty all of the products from USA Pawn. We also offer easy, fast loans. These loans require no credit check and there is no impact on your credit history if you default on the loan.