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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: 64400

Reported Deaths: 1825
CountyConfirmedDeaths
Hinds5416112
DeSoto347227
Madison236360
Harrison228735
Rankin220231
Jackson215641
Jones182857
Forrest170155
Washington154835
Lauderdale137990
Lee129732
Neshoba126490
Lamar117713
Oktibbeha107737
Lowndes102333
Bolivar101032
Warren99531
Scott97820
Panola96012
Sunflower94223
Copiah92928
Lafayette90714
Leflore88261
Pike86133
Holmes85948
Grenada81921
Yazoo80312
Lincoln78741
Pontotoc7808
Leake77625
Simpson76730
Wayne74921
Monroe73151
Coahoma68410
Tate68327
Marion63419
Marshall6169
Covington60313
Adams59625
Winston59315
Union55215
George5454
Newton53011
Pearl River51537
Tallahatchie51210
Attala51024
Walthall48219
Chickasaw43819
Noxubee43811
Claiborne39913
Calhoun3929
Smith38913
Clay38014
Jasper3799
Alcorn3775
Prentiss3699
Hancock34914
Tishomingo3445
Itawamba32310
Clarke32225
Tippah32013
Tunica3076
Yalobusha30410
Lawrence3027
Montgomery3023
Humphreys28111
Carroll24811
Quitman2381
Greene23011
Kemper22715
Jefferson Davis2256
Perry2207
Amite2176
Webster21112
Jefferson1936
Wilkinson19313
Sharkey1913
Stone1603
Choctaw1294
Benton1280
Franklin1152
Issaquena241
Unassigned00

Alabama Coronavirus Cases

Confirmed Cases: 91776

Reported Deaths: 1639
CountyConfirmedDeaths
Jefferson12186230
Mobile9269204
Montgomery6350148
Madison512227
Tuscaloosa400269
Baldwin332223
Shelby311932
Marshall300134
Unassigned287856
Lee255442
Morgan227015
Etowah196728
DeKalb172113
Elmore163337
Calhoun162713
Walker147964
Houston133412
Dallas129823
Russell12672
St. Clair125214
Limestone122713
Franklin121520
Cullman117112
Colbert112213
Lauderdale111113
Autauga103021
Escambia98115
Talladega94613
Jackson8904
Chambers83238
Tallapoosa82778
Dale79823
Butler75435
Blount7453
Chilton7386
Coffee7255
Covington71620
Pike6727
Barbour5645
Lowndes56124
Marion54724
Marengo52914
Clarke4919
Hale45926
Bullock44411
Winston43511
Perry4324
Wilcox41110
Monroe3964
Randolph39210
Bibb3844
Pickens3769
Conecuh37310
Sumter36018
Lawrence3251
Macon31613
Washington31512
Crenshaw3073
Choctaw27612
Cherokee2497
Greene24711
Henry2473
Geneva2430
Clay2255
Lamar2052
Fayette1785
Cleburne1211
Coosa952
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