Projo Biz Blog

Toys R Us adds layaway program for holidays

10:54 AM Mon, Oct 19, 2009 |
By Paul Grimaldi    Email this author |   Email this entry

By Paul Grimaldi
Journal Staff Writer

Toys R Us Inc. will offer a layaway program for expensive items this holiday season, the New Jersey-based retailer said Monday.

Customers can put a number of items on hold and make periodic payments until the item is paid for in full. The program begins immediately nationwide.

The Wayne, N.J. company joins other retailers reprising layaway programs in 2009. The return of layaway programs began in earnest in 2008 as retailers sought to drum up business as the nation's economy plummeted into a deep recession.

Kmart and Sears each began offering layaways online in early October as the sister chains extended a sales program that proved successful during the 2008 holiday shopping season.

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