Why Pawn Shops are winning at back-to-school shopping

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Pawn shops are reporting 4% growth in merchandise sales as families facing  tight budgets discover they can save up to 50% on back-to-school essentials by shopping secondhand. We examine how Americans are selling gold jewelry to fund school supplies and why the booming pawn shop business is an indicator of economic stress among everyday families. Plus: Spotify’s ad business is suffering and ChatGPT crosses the $2B revenue mark.

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