Retailers Increasingly Using Layaway for Holiday Shopping - 8 News NOW

Retailers Increasingly Using Layaway for Holiday Shopping

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LAS VEGAS - The countdown to Christmas is on. Stores are already selling holiday items, and at least one store is expanding its use of an old staple to boost business.

Walmart is expanding its layaway program for the holidays - giving shoppers more time to pay off their holiday gifts.

The new program starts September 16th and ends December 14th. The retailer is also expanding its list of items shoppers can purchase with layaway - adding small home appliances, sporting goods, toys and electronics.

The only catch is that the item must be at least $15, and customers must layaway more than one item at a time for a minimum total purchase of $50.

Toys R Us, meanwhile, is waiving its service fee and minimum purchase requirement starting September 4. The fee will be eliminated through October 31st. After that, it will be five dollars. 

One Las Vegas shopper says she uses layaway yearround at several stores like Kmart and Sears. She says the option saves a bundle and keeps her family from accumulating debt.

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