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Tuesday, 02 September 2014

Second-hand news is all good for firm

A SECOND-HAND retail giant has seen sales rocket, despite a tough trading climate.

Cash Converters, which owns a store in Barrow, has reported a growth in revenue of 20.8 per cent.

David Patrick, chief executive, said: “Our approach to retail is based on a trusted business model in delivering excellent customer service coupled with great products. The second-hand nature of our offer uniquely positions us on UK high streets.”

Peter Cumins, Cash Converters international managing director, said: “The half-year result endorses the board’s strategy of increasing the corporate store network by acquiring and opening new stores.

“This drives further growth in financial services products through a larger store distribution network.”

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