Walmart Layaway

September 9, 2011 by staff 

Walmart LayawayWalmart Layaway, U.S. Retail giant Wal-Mart today announced it will introduce its layaway payment plan for the holidays after a hiatus of five years.

Beginning on October 17 will be back layaway available, allowing customers to set aside a product in the store and pay for it over time, The New York Times.

Wal-Mart stopped offering layaway in 2006 as many clients based on credit cards and gift cards to make purchases. Duncan Mac Naughton, executive director of U.S. business Wal-Mart stores, as buyers have requested the return program.

“I just tells us that the customer is still struggling, as they tell us about their concerns with energy prices, prices of housing, work safety, that 9.2 percent unemployment – we are told this is a fragile economy and the customer needs our help, “Mac Naughton said.

Layaway is available at Wal-Mart until December 16 with a service fee and 5 and 10 percent down payment on the purchase. The total purchase must be at least 50 years and without a single point and that cost less than 15.

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