Sears is keeping up with the times, by offering old was to pay for that vacation you've wanted but can't afford right now. Now you can put your vacation on layaway at sears, as it brings back the once popular layaway program helping people pay for something they can't afford upfront right now and don't have the credit to charge it.
Labor Day just finished, Halloween is not here yet, and there has not been any Halloween decorating or parties yet. Fall is starting in some areas, while many still endure summer. Apparently that means it's time for Christmas. So says the National Retail Federation, NRF. Yearly, retailers have been bringing out Christmas earlier and ealier.
Bentonville, Ark. -
In a sign of the times....
2006 - Walmart ends its layaway program. Layaway was used for much of the 1900's as a way for people to afford more expensive items by paying over time, and not relying on credit. Easy credit, and a good economy allowed millions to spend on credit instead and the number of those using layaway dwindled to virtually nothing. It was seen an as outdated sales platform used only by a few who could not get a credit card or a prepaid secure credit cards.