Cashwiz last Friday (September 16) opened the doors to its sixth Jamaican location in Half-Way Tree, St Andrew, and is aiming to launch two additional consignment stores in the country by the end of this year.

Centrally located at Shop 21 Spring Plaza (formerly occupied by Abar Restaurant and Lounge), the new store joins the company’s State Mall, Half-Way Tree Road location in the Corporate Area, and its four other locations in Portmore, St Catherine; Montego Bay, St James; Mandeville, Manchester and May Pen, Clarendon.

Speaking at the grand opening of the new store, Cashwiz regional manager for Jamaica, Cargill Brown, noted that the move was a strategic one, and is aimed at providing greater convenience to its clients in the Corporate Area.

“With the global volatility and uncertainty that we now face, and the continued global shortages of resources and rising inflation, our solution is to provide quality retail products to consumers. Our core – the people that we serve – see us as a gateway for survival and continuity,” Brown said.

“Our mission is to be the largest and most profitable chain of pawn stores in the world, and this new location will serve to enhance the speed at which our clientele can buy, sell and trade their items with us.”

Brown also disclosed the company’s intention to expand its footprint in the island this year.

“We are in the advanced stages of preparation to open a third store in Kingston, as well as a second Montego Bay location in the coming months,” he added.

“These locations were strategically selected based on demand, and as time progresses we intend to move into other parishes to better meet the needs of our clients.”

SPRINGS PLAZA STORE EXPECTED TO PERFORM AS WELL AS OTHER LOCATIONS

Like its other stores across Jamaica and the Caribbean, the Springs Plaza Cashwiz will boast a wide selection of new and pre-owned valuables including (but not limited to) jewellery, electronics, household appliances, conch pearls and diamonds, musical instruments, tools and motor vehicles, and will allow clients to sell, trade, and even buy back their own items in mint condition.

Nyoka Blake, general manager for the new location, shared that she anticipates that the Springs Plaza store will perform as well as the other location across the region, and serve as another lifeline to those who need it.

“We’re looking forward to delivering exceptional service to all our different types of clients,” she expressed.

“At Cashwiz we are always finding innovative solutions to assist our customers, some of whom are searching for credible ways to get by, and we will continue to deliver that at this location.”

In keeping with its core value of being a caring neighbour in the community, Cashwiz Jamaica awarded two university students with grants valued at $100,000 each for this academic year.

The scholars – final-year University of Technology marketing student Odean Senior and final-year University of the West Indies accounting student Candice Graham – were presented with their cash grants at the opening of the new location.

Cashwiz, which is a Caribbean company operating in 10 regional markets, made its debut in Jamaica in 2012, and opened its flagship store in Portmore in 2017.