NEW YORK (AP) - Wal-Mart is bringing back something it avoided during the Great Recession: layaway.
The world's largest retailer, which ditched the pay-as-you-go plan in 2006, is rolling out a holiday layaway option. Wal-Mart follows rivals like Sears, which brought back layaway during the
thick of the recession.
Wal-Mart's layaway will run from Oct. 17 and run through Dec. 16, but the company said it may extend the option throughout the year if the program is successful.