Sears Takes Layaway Off The Shelf
January 16, 2009
Sears is reviving its layaway program on a year-round basis after seeing strong demand from shoppers during the holiday season.
With the new program, shoppers can pay in installments on a layaway contract that is limited to 90 days. Dan Hamblen, chief marketing officer, said the revival of layaway for the holiday season generated strong demand.
"By offering great values and an affordable way to pay for their purchases with layaway, we are confident that customers will be able to continue to give their families the things they want and deserve in the new year," he said.
The layaway service requires a $5 fee and shoppers could be charged a $10 cancellation fee.
With the new program, shoppers can pay in installments on a layaway contract that is limited to 90 days. Dan Hamblen, chief marketing officer, said the revival of layaway for the holiday season generated strong demand.
"By offering great values and an affordable way to pay for their purchases with layaway, we are confident that customers will be able to continue to give their families the things they want and deserve in the new year," he said.
The layaway service requires a $5 fee and shoppers could be charged a $10 cancellation fee.
