Now On Rollback at Walmart: Holiday Layaway Fees Retailer Lowers Layaway Open Fee from $15 to $5
Duncan McNaughton, chief merchandising and marketing officer, Wal-Mart U.S.:
This year, they told us they wanted more categories, more time and a different fee structure. And we responded again.
Today, I’m excited to announce that we’re rolling back our Christmas Layaway open fee from $15 to $5. This is a direct response to feedback we received since announcing this year’s Holiday Layaway program. Customers who make their final payment will receive a refund of the $5 fee on a Walmart gift card.
We believe this rollback strengthens our layaway offering. It’s even more attractive to our customers and makes Wal-Mart more competitive in the marketplace.”
For more information, visit http://walmarturl.com/walmartlayaway.
Wal-Mart Christmas Layaway Overview:
Available nationwide Sept. 16 through Dec. 14, layaway at Wal-Mart will give families 90 days to shop, pay and stretch their paychecks further this holiday season. Layaway features at Wal-Mart include:
— An expanded list of eligible categories, including small home appliances
and select sporting goods such as basketball goals, trampolines and
large exercise equipment. Customers can also use layaway for a broad
selection of electronics, toys and jewelry.
— Early layaway access for shoppers who like their local Wal-Mart store on
Facebook. Customers simply need to sign up on their local Walmart
Facebook page to be able to start their layaway on Sept. 14. Process, Pricing and Savings !
Individual items must be priced $15 or more, and the total layaway purchase must be at least $50. If the order is cancelled or not paid in full, the open fee is not refunded; however, no additional cancellation fee will be charged. Layaway open fees and refunds may vary by state.
Wal-Mart Stores, Inc. (NYSE: WMT) serves customers and members more than 200 million times per week at over 10,300 retail units under 69 different banners in 27 countries. With fiscal year 2012 sales of $444 billion, Walmart employs 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visitinghttp://corporate.walmart.com, on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmartnewsroom. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.