It’s back.
Just when you finished buying school supplies and clothes, now it’s time to think of the next big shopping expenditure—Christmas.
Walmart, struggling to retain and grow its profit share, is bringing back layaway, although in a truncated form. Walmart got rid of its layaway back in 2006, right before the economy really started to tank.
Only electronics and toys items can be put on layaway. Each item must be at least $15, and the whole bill must be at least $50.
Among other companies that have layaway—with fewer restrictions–are Sears, Kmart and T.J. Maxx.
http://www.msnbc.msn.com/id/44442002/ns/business-stocks_and_economy/
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