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Pawn shops prosper amid coronavirus pandemic

While the coronavirus has put many industries in financial hardship, the pawn shop industry is still prospering through hard times.

Posted: May 2, 2020 6:28 PM

TUPELO, MISS. (WTVA)- While the coronavirus has put many industries in financial hardship, the pawn shop industry is still prospering through hard times.

Mike Kidd, owner of Mike's Pawn Shop, says he can't keep anything in stock.

“With the stimulus checks combined and put out in increments it’s been something I’ve never seen before," said Kidd.

Kidd says sales has nearly doubled in the last month alone.

“Weapons have been the number one seller. We’ve sold over 200 hand guns in 3 and a half weeks. TVs have flown out the roof," said Kidd.

And it’s not just Mike’s Pawn Shop. Empty TV and gaming sections are becoming a more and more common sight all over the city.

Getties says she had to go to four different pawn shops to find a play station 4 for her daughter.

"It seems like I’ve been all over to east Tupelo trying to find one. I tried to find one online, so I came to mikes trying to find one but of course their out," said Getties.

While it’s been a blessing for many, Getties says it’s best to save the money now in case you need to get out of the woods later.

“That stimulus money isn’t for games and stuff like that. That’s for something that’s really serious," said Getties.

Kidd also says around this time of year people tend to have more cash on hand.

This caused many to stop pawning thing and start buying this from the pawn shop instead.

Mississippi Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 35419

Reported Deaths: 1230
CountyConfirmedDeaths
Hinds290851
DeSoto190019
Madison144638
Jones120349
Harrison113616
Rankin108715
Neshoba104577
Forrest99343
Lauderdale96381
Scott81915
Jackson77519
Washington72213
Copiah65315
Leake63520
Lee61222
Oktibbeha61128
Grenada5949
Warren59421
Holmes58641
Wayne56218
Yazoo5536
Lowndes54813
Lamar5347
Leflore53156
Lincoln52935
Pike49920
Lafayette4974
Sunflower4778
Monroe45635
Panola4486
Covington4355
Bolivar40518
Simpson3933
Attala38424
Newton37510
Tate35213
Adams35120
Pontotoc3466
Marion32712
Claiborne30111
Chickasaw29719
Winston29511
Pearl River28832
Noxubee2788
Jasper2776
Marshall2773
Walthall2627
Clay25811
Union25211
Smith24612
Clarke22325
Coahoma2226
Lawrence2092
Yalobusha2079
Tallahatchie1954
Kemper18414
Carroll18111
Montgomery1713
Calhoun1645
Humphreys16310
Itawamba1468
Tippah14511
Hancock14413
Webster13411
Jefferson1263
Tunica1233
Jefferson Davis1204
Prentiss1204
George1163
Greene11310
Amite1103
Alcorn1002
Quitman991
Wilkinson989
Tishomingo971
Perry874
Choctaw754
Stone742
Franklin542
Sharkey480
Benton460
Issaquena101
Unassigned00

Alabama Coronavirus Cases

Confirmed Cases: 49892

Reported Deaths: 1077
CountyConfirmedDeaths
Jefferson6433170
Mobile4753139
Montgomery4430112
Tuscaloosa263253
Madison21199
Marshall192611
Shelby164225
Lee157237
Morgan12695
Baldwin120711
Walker106131
Elmore102920
Dallas9969
Etowah95114
DeKalb9417
Franklin93216
Autauga67614
Russell6750
Chambers67427
Unassigned65328
Butler65129
Tallapoosa62869
Limestone6223
Houston5857
Cullman5716
Lauderdale5686
St. Clair5133
Colbert4956
Calhoun4905
Lowndes48122
Escambia4808
Pike4725
Coffee4244
Jackson4182
Covington41412
Barbour3942
Dale3911
Talladega3897
Bullock37710
Marengo35211
Hale34823
Chilton3232
Clarke3126
Wilcox3038
Blount2961
Winston2965
Sumter29113
Marion27514
Pickens2696
Randolph2589
Monroe2553
Perry2362
Conecuh2308
Bibb2211
Macon2159
Choctaw21212
Greene1959
Henry1533
Washington1418
Crenshaw1273
Lawrence1250
Cherokee1237
Geneva960
Lamar871
Clay852
Fayette821
Coosa651
Cleburne421
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