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cindi · Wheel and Deal Joined: 09 Aug 2006

http://sev.prnewswire.com/retail/20060914/DATH03314092006-1.html

BENTONVILLE, Ark., Sept. 14 /PRNewswire-FirstCall/ --

Wal-Mart Stores, Inc. (NYSE: WMT) said today that, because of declining use and increasing costs, the company will phase out its layaway program as it expands other financing options. Customers will have until November 19 to place items in layaway for this Christmas season and merchandise must be picked up by December 8.

"Demand for layaway service has declined steadily as consumers turn to other options, such as online shopping, gift cards and no-cost credit alternatives," said Pat Curran, executive vice president, store operations, Wal-Mart Stores Division. "To assist our customers, we are offering one last opportunity to use layaway service this Christmas season."

At the same time, Wal-Mart is working to offer customers new payment options. The company already has zero interest offers for 6 and 12 months for current Wal-Mart cardholders. For the first time, customers who apply for a new Discover or Wal-Mart Credit Card will receive $20 cash back when they apply at the register and purchase at least $100 on their card the same day.

Wal-Mart Stores, Inc. operates Wal-Mart Stores, Supercenters, Neighborhood Markets and SAM'S CLUB locations in the United States. Internationally, the company operates in Argentina, Brazil, Canada, China, Germany, Japan, Mexico, Puerto Rico, South Korea and the United Kingdom. The company's securities are listed on the New York and Pacific stock exchanges under the symbol WMT. More information about Wal-Mart can be found by visiting http://www.walmartfacts.com/ . Online merchandise sales are available at http://www.walmart.com/ .

moose · Good Deal Joined: 08 Sep 2006

My wife works as a manager at Wal-Mart and she informs me of the outrage by customers that the layaway option will be ending and especially before the Black Friday sales. I believe this policy change is a poor decision.

huk361 · Bargain Hunter Joined: 04 Aug 2006

Kmart, Sears, Meijer, T.J. Maxx and Marshalls are among the stores still offering the service.
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moose · Good Deal Joined: 08 Sep 2006

Wal-Mart is moving to change its look on many different fronts. Many stores are now adopting an Associate Uniform policy.. Employees will now be made to wear navy blue shirts and tan/kahki pants. Employees will be given a yearly $15.00 uniform stipend and will be responsible for the upkeep and cleaning of the clothing. Many of the stores will have instituted these changes by Black Friday and lemme tell ya.. they are not very happy so beware of extra cranky clerks that day.

SidVicious · Bargaining Chip Joined: 25 Apr 2006 Location: Santa Fe

only a few more days left.
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raider · Here's the Deal Joined: 26 Apr 2006 Location: Oakland, CA

Today is the last day you can put anything on layaway at Walmart.