The Hustle Daily Show Why Pawn Shops are winning at back-to-school shopping
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Aug 19, 2025 Pawn shops are surging in popularity as families hunt for affordable back-to-school essentials, saving up to 50%. Economic stress is prompting many to sell jewelry for school supplies, shifting shopping habits. The rise of these shops reflects larger economic challenges. Meanwhile, Spotify struggles with its ad revenue as tech trends evolve. Discover how smart shopping at pawn shops could redefine family budgets during tough times!
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Pawn Shops As Back-To-One Stops
- Pawn shops are becoming one-stop back-to-school destinations offering electronics, shoes, and instruments at steep discounts.
- Their tariff-free, pre-owned inventory gives them a pricing edge over new-goods retailers during 2025 inflation and tariff pressure.
Sales Growth Signals Changing Shopper Behavior
- Easy Pawn reports merchandise sales up and back-to categories like shoes and laptops growing this quarter.
- Customers prefer pawn shops because they offer reasonable prices when retail is unaffordable.
Tariffs Make Secondhand Pricier Advantage
- Pre-owned goods avoid import tariffs, giving pawn shops a structural cost advantage over new retailers.
- With many apparel and shoe prices rising, tariff-free secondhand goods become essential for budget-conscious families.