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Jack Daugherty founded Cash America in 1983 (possibly 1984), [3] after prior experience running a pawn shop and a failed venture hunting for oil. [4] He reinvested his earnings into acquiring more pawn shops, growing his business to 36 locations by 1987 and 101 at the end of 1988. [4]
In July 1999, Food Lion also acquired Hannaford and a new holding company was created, making Kash n' Karry a wholly-owned subsidiary of Delhaize America. [17] In 2002, Kash n' Karry pulled out of the competitive Orlando market with only two stores remaining in Clermont, 25 miles west of Orlando. [18]
It is a publicly traded company listed on the NASDAQ stock exchange [4] and is the second largest pawn shop operator in the U.S. [5] after Cash America International. As of September 30, 2021, the company operated 1,148 stores, 516 in the U.S (with 44% located in Texas, 18% in Florida and the remainder spread across 18 other states), 508 ...
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Colonial Plaza marked a shift in shopping patterns for the Orlando market, as many major retailers that had been previously operational downtown had moved either to it or to other suburban developments. Among the stores to move out of downtown Orlando in favor of a suburban location was Sears, which built across from the plaza in 1963. [7]
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