Thursday, June 20 2013 12:09 AM EDT2013-06-20 04:09:02 GMT
The Albany Water Gas and light commission is preparing customers for a change that starts soon for those who pay with debit or credit cards. WG&L leaders say the utility is paying $20,000 dollars a monthMore >>
The Albany Water Gas and light commission is preparing customers for a change that starts soon for those who pay with debit or credit cards.More >>
Wednesday, June 19 2013 11:41 PM EDT2013-06-20 03:41:18 GMT
An Albany man who was born when Woodrow Wilson was president celebrated his birthday today. Century Pines Assisted Living Center threw a party for resident Charles Walker who turned 101 today. Walker wasMore >>
An Albany man who was born when Woodrow Wilson was president celebrated his birthday today.More >>
Wednesday, June 19 2013 11:34 PM EDT2013-06-20 03:34:54 GMT
For years, the area right across the street from the RiverQuarium has been rundown, but that's changing. A couple of businesses are thriving there. The new art park is open, and a sidewalk improvementMore >>
For years, the area right across the street from the RiverQuarium has been rundown, but that's changing.More >>
Wednesday, June 19 2013 11:20 PM EDT2013-06-20 03:20:33 GMT
Downtown Albany leaders are looking for ways to make sure the Flint Riverquarium remains an important part of downtown for years to come. Tonight, The Albany Dougherty Inner City Authority board began discussionsMore >>
Downtown Albany leaders are looking for ways to make sure the Flint Riverquarium remains an important part of downtown for years to come.More >>
Wednesday, June 19 2013 6:51 PM EDT2013-06-19 22:51:07 GMT
Ravi Mikel Givens was arrested Tuesday and charged with possession of marijuana with intent to distribute. He is being held in the Dougherty County jail. Givens, who played ball at Westover and StetsonMore >>
Agents say that police responded to the apartment because of a burglar alarm. Officers found the back door broken open and went inside. That's where they detected a strong odor of marijuana, and saw pot in plain view.More >>
ALBANY, GA (WALB) - Signs of an economic turnaround are showing up at some Georgia pawn shops.
They're often a good indicator of economic prosperity because many people use them like banks for loans or cash advances.
For the last year, pawn shop owners say most of their customers have been pawning items to get quick cash. There's still a lot of that happening, but store owners say they're starting to more shoppers looking for bargains on items many would consider luxuries.
A big crowd of customers were doing business at Albany's Dawson Road Jewelry and Pawn.
"We have seen an increase in the amount of traffic coming through," Owner Jason Sheffield said.
A large number of customers spending money has been rare during the recession. Most of their customers have been pawning their items to get by.
"Needing money to get through the week, to make it to next week's paycheck. Then you got some people who might run across hard times in their business," Sheffield said.
But in recent weeks Sheffield is seeing more people like Nick Coalson shopping, looking for a bargain in a hunting rifle.
"Better deal than retail. Lot better deal. A lot of times a pawn shop you can get stuff 50 percent less than retail. Try to save a little bit of money," Coalson said.
Sheffield says lots more people have been in his store buying jewelry, guns, and electronics, what he considers luxury items, but people are still looking for a good deal.
"More people are coming in looking for a better way to spend their money. And maybe trying to find a way for their dollar to stretch a little more," Sheffield said.
Many people are still pawning items. Some shops have become more selective, taking only the newest and best name brand items. But store owners say the increase of customers spending money is the first positive economic sign they have seen in months.
Sheffield told us his store's redemption rate has been close to 70% recently, meaning most people are able to pay back their loans and recover their pawned items.