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<TABLE cellSpacing=0 cellPadding=0 width=596 border=0><TBODY><TR><TD colSpan=3 height=26></TD></TR><TR><TD vAlign=top width=5> </TD><TD vAlign=top width=591 colSpan=2>Second-hand stores seeing more customers selling possessions for cash
By Valarie Tan, Channel NewsAsia | Posted: 10 November 2008 0005 hrs
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Cash Converters</TD></TR><TR><TD> </TD><TD class=update> </TD></TR><TR><TD> </TD><TD></TD></TR></TBODY></TABLE>
SINGAPORE: Second-hand stores are seeing more customers selling their possessions for cash.
"Cash Converters", a local chain of such shops, says sales went up by four times in the last six weeks.
Cash Converters has five outlets in Singapore.
The company says its outlet in Toa Payoh has seen about 100 customers a day since last month.
Most customers wanted the extra money for emergency use.
But the store is also seeing more customers buying second-hand products.
It says sales have gone up by about 15 per cent compared to the same period last year.
Popular items include electrical appliances like phones and irons.
- CNA/ir
</TD></TR></TBODY></TABLE>
By Valarie Tan, Channel NewsAsia | Posted: 10 November 2008 0005 hrs
<TABLE cellSpacing=0 cellPadding=0 width=260 align=right border=0><TBODY><TR><TD align=right width=20> </TD><TD align=right width=240>


Cash Converters</TD></TR><TR><TD> </TD><TD class=update> </TD></TR><TR><TD> </TD><TD></TD></TR></TBODY></TABLE>
SINGAPORE: Second-hand stores are seeing more customers selling their possessions for cash.
"Cash Converters", a local chain of such shops, says sales went up by four times in the last six weeks.
Cash Converters has five outlets in Singapore.
The company says its outlet in Toa Payoh has seen about 100 customers a day since last month.
Most customers wanted the extra money for emergency use.
But the store is also seeing more customers buying second-hand products.
It says sales have gone up by about 15 per cent compared to the same period last year.
Popular items include electrical appliances like phones and irons.
- CNA/ir
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