Letter from the General Manager

Greetings Everyone,

The end of the 1st quarter is a month away! 2023 is already going too fast. We are starting to see an influx of tax money in the stores. We have mostly seen this in redeems. Sales are ticking up slightly, but our #s show that clients look forward to reuniting with their items. After close examination, we were going to be focused on stocking locations with more price point items. The company has a fair amount of high-end jewelry items for sale. However, these items seem slightly slower to move and secure on layaway. We will consciously bring in items that will secure a quicker turn rate for our clients. We are focusing on this through next quarter.

As for our top salesman, first place goes to Dominic T. Second place goes to Tony M. and third place goes to Paul M. Sales were a little light for February but we are looking forward to moving more inventory in March. Since tax money is starting to hit the stores, we should be able to move more items and start growing the layaway books again. Great job to the top three salesmen.

To conclude, we are gearing up for a strong spring and summer rebound for loan growth. Very soon the weather will be getting nicer and spring break will be here. We anticipate loan growth to help fund clients traveling this summer and purchases to stay strong. Please keep collecting the customer information cards to keep our client’s information up to date. We will soon be reaching out to our clients for further inventory likes and a digital catalog of loyalty inventory via email & text campaigns that will allow ease to our website and inventory. Thank you for your continued support and hard work.

Sincerely,

Wayne Silliman

General Manager