Consumers pledge to spend their money slowly and carefully this year, as retailers offer new programs to get customers in the door as soon as possible.
Consumers pledge to spend their money slowly and carefully this year, as retailers offer new programs to get customers in the door as soon as possible.
A number of national chains, including Wal-Mart, Sears Holdings Corp., and Bed Bath & Beyond have rolled out new layaway or intense price-matching programs hoping to entice holiday shoppers to buy it now and more importantly — buy it there.
The layaway program, which had been phased out at most retailers until the great recession took hold, is clearly generating traffic at the Lents Walmart, which has three employees — rather than the usual one — manning the booth that’s already packed with gifts. The chain’s layaway, which can be used only for certain items, costs $5 and allows customers to jump on a sale price and avoid racking up credit card debt.
Read more at OregonLive.com.
{biztweet}holiday retail{/biztweet}
