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How bad is the credit crisis?

August 31, 2009 | alternatives, industry | Comments (0)

Layaway is back.  From the story

Today, credit cards are maxed out, and struggling retailers have resurrected layaway to get shoppers back in the aisles. Sears is once again offering layaway, and Kmart, where the service was never discontinued, is giving the idea a fresh push with a new national ad campaign.

In one TV ad, a woman is putting her back-to-school items in layaway and boasts to a friend that she likes “to plan ahead.”

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