4
January
Tesco Offers to Take Customers’ Jewelry for Cash, Times Reports
4 January 2011 Bloomberg.com
Tesco Plc, Britain’s biggest supermarket chain, has begun competing with pawnbrokers and cash-for-gold businesses by exchanging customers’ jewelry for cash, the London-based Times reported.
Tesco Gold Exchange is operating on a trial basis in at least 15 stores; people can request a packet in the post and send items by special delivery or hand them over at a store, and they are then sent valuations, the newspaper said.
