Wal-Mart Stores Inc. will bring forward its holiday layaway program by two weeks, in what has been viewed as a move to get ahead of year-end demand for toys, and to generate sales of upcoming Star Wars toys. As reported by Reuters, Anne Marie Kehoe, the vice president of toys for Wal-Mart, said in a briefing that shoppers can utilize the program starting August 28, two weeks earlier than last year.
Toys “R” Us, Inc. is expanding its layaway service for this holiday season for Toys “R” Us and Babies “R” Us stores nationwide. The retailer’s layaway service was introduced in 2009 for “big gift” items, such as bikes, sing sets, dollhouses, play kitchens, and more. Beginning Saturday, October 15, Toys “R” Us will offer layaway on nearly all of its products in 450 of its approximately 600 Toys “R” Us stores nationwide.
The in-store layaway option gives customers 90 days to pay for their items. A 20 percent down payment is required and there is a $5 service fee for layaway. In order to guarantee that items will be ready by Christmas, all layaway orders for toys must be paid in full by December 4. For more information, click here.
Toys “R” Us, Inc. is introducing a new in-store layaway program, “Big Gift” Layaway. Through the program, customers at Toys “R” Us and Babies “R” Us stores may reserve toys, such as bikes and play kitchens, early in the season and make a series of small payments over an extended time.
Kids products that are a part of the Big Gift Layaway program include bikes, ride-on vehicles, dollhouses, play kitchens, outdoor play equipment and playsets, pools and water slides, basketball systems, karaoke machines, musical instruments, televisions, and indoor table games. Baby products included in the program are infant and toddler furniture, car seats, high chairs, play yards, strollers and travel systems, and bassinets.