After seeing high customer demand for layaway during last year's winter holiday season, Wal-Mart is expanding the interest-free pay-over-time program for Christmas.
The new program will last a month longer than last year's and will include more items than the toys and electronics featured last year.
The world's largest retailer says its mostly lower-income shoppers are still having a hard time stretching their dollars to the next paycheck. A little more than three years into the economic recovery, shoppers, particularly in the low-income bracket, remain particularly hard hit by unemployment and other financial worries.
1 comment:
3 years into the economic recovery? Where does this reporter live?
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