Wal-Mart brings back layaway

09/8/2011 | Wall Street Journal, The

Wal-Mart phased out its layaway program in 2006, citing diminishing demand, but the retailer is bringing it back next month to help cash-strapped consumers pay for their holiday shopping. Sears and Toys R Us brought back their layaway programs in recent years and found success among shoppers looking to cut their dependence on credit cards.

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