- Cash Converters
Infobox_Company
company_name = Cash Converters International Limited
company_
company_type = Public
current company_slogan = "A better way to sell, A great place to shop"
foundation =1984 in Perth,Western Australia flagicon|Australia
industry =Retail
homepage = [http://www.cashconverters.com/ www.cashconverters.com]Cash Converters International Limited is a world-wide franchise company that specialises in stores that buy and sell second-hand goods and offer loans to people. The firm has been credited as
"a modern, efficient version of an old retail form – pawnbroking"André Sammartino (2007), 'Retail’, in Dick, H. & Merrett, D. (eds.), "The Internationalisation Strategies of Small-Country Firms: The Australian Experience of Globalisation", Edward Elgar: Cheltenham, UK, pp.175-194.] .
This company began in Perth,
Western Australia , in 1984. It was founded by Brian Cumins and a group of partners. In four years, the partners were operating seven separate outlets in the Perth area under a variety of trading fascias. Having proved the concept, the partners converted all seven outlets overnight to a prototype of the current Cash Converters style. The first international expansion was into the UK in 1992 – an operation that expanded to 105 stores by 2005. New Zealand (1993, now 27 stores), South Africa (1994, 57 stores), France (1994, 23 stores), Canada (1995, 24 stores), Spain (1995, 34 stores) and the US (1994, 24 stores, primarily in North Carolina, Virginia, Pennsylvania, New Jersey, and the Chicago area) as well as Malaysia (4 stores) followedAndré Sammartino (2007), 'Retail’, in Dick, H. & Merrett, D. (eds.), "The Internationalisation Strategies of Small-Country Firms: The Australian Experience of Globalisation", Edward Elgar: Cheltenham, UK, pp.175-194.] .Recently, the United Kingdom division launched an
eBay -style auction site, using selected branch stock, which also carrywarranties , unlike the more established site.References
External links
* [http://www.paulhare.net/ "Paul Hare - Former CEO"]
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