Tag Archives: Albermarle & Bond

Albemarle & Bond profit warning as gold weakens

Albemarle & Bond profit warning as gold weakens

33 pop-up cash-for-gold shops closed and new chief exec appointed. Pawnbroker Albemarle & Bond has issued a profit warning and closed 33 of its pop-up cash-for-gold stores as the price of gold has weakened. It said in a statement that its two core businesses pawnbroking and gold buying are directly linked to the gold price

Cash-for-gold growth slows at Albermarle & Bond

Too early to determine if this is a trend or fluke, says pawnbroker. The cash-for-gold business at pawnbroking chain Albermarle & Bond has shown signs of slowing down in the past two months. In a trading update the retailer said that while its cash-for-gold business is still continuing to show exponential growth, the trajectory has

A&B successfully unearths £4m of Croydon gold

Safes lost in fire damage from summer riots are lifted from rubble. Albermarle & Bond (A&B) has managed to retrieve £4 million-worth of pawned jewellery from the wreckage of its Croydon store that was burned to the ground in the summer riots. Nearly 4,500 pieces of jewellery were locked inside five safes in the basement

Albermarle & Bond to create 300 jobs in 2012

Pawnbroking chain will continue to expand with 25 new shops planned. Pawnbroker Albermarle & Bond (A&B) is planning to open 25 stores in 2012, creating 300 new jobs. A&B chief executive Barry Stevenson said that the chain’s growth boom has been fuelled by the decline in traditional lending from banks that he claims are "failing

Albemarle & Bond report strong Q3 and Q4 trading

Results show strong underlying trade, driven in part by cash for gold Albemarle & Bond Holdings has announced positive interim results for the six months ending 31 December, with performance driven by contributions from gold buying. Announcing the results, Albemarle & Bond chief executive Barry Stevenson said: “We are delighted to be announcing a strong trading

Albermarle & Bond to focus on retail at Christmas

Retailer increases new stock with focus on charms, silver and watches. Pawnbroker Albermarle & Bond has said that it will focus on the retail arm of its business this Christmas period. Albermarle & Bond chairman Greville Nicholls said: “The gold jewellery market remains very challenging, and we are focused on our retail offer as we