Fargo Pawn America store to close
FARGO—Pawn America announced earlier this week it would close its Fargo store by the end of July as part of the company's Chapter 11 reorganization.
The retail side of the store will close by June 25, but clients will have until the end of July to pay back any loans and collect pawned items.
Pawn America opened its only North Dakota location at 3250 13th Ave. S. in August of 2008.
Mike Erlandson, a spokesperson for Pawn America, said the closure was mainly due to changing customer buying habits. While retail sales have slowed, he said their online sales continue to grow.
Another factor for the closing was the store's distance from the headquarters in Burnsville, Minn., and the company's other stores.
"The difficult thing for both the North Dakota and South Dakota stores for Pawn America is that they were just so far away from the headquarters. When somebody had to make a trip there, it's basically a whole day up and a whole day back," Erland said. "The company very much enjoyed doing business in North Dakota, and they're disappointed that they had to close the store."