Kmart launches online layaway program
11:10 AM Fri, Oct 09, 2009 | Permalink
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By Paul Grimaldi Kmart began offering a layaway program online Friday as the discount chain extends a sales program that proved successful during the 2008 holiday shopping season. The chain, owned by Sears Holding Corp. (SHLD:NYSE), saw double-digit increases in layaways in 2008 as the program proved popular with consumers struggling through one of the worst recessions in U.S. history. Other retail chains quickly followed Kmart's lead. The online program is also available in 2009 at Sears' namesake stores. 
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