Wal Mart to Eliminate Layaway

from KHBS Ft. Smith, Arizona TV 40

Shoppers with a long list of holiday gifts might want to start saving now because Wal-Mart intends to phase out its layaway department before Christmas. New stores recently opened do not include a layaway department. This Friday will be the last day that any new layaways an be created, and all layaways must be removed by November 19. Wal-Mart reported that the layaway department has not delivered profit in sometime and also noted that only one of its competitors (KMart) has a layaway program.