1

Walmart brings back layaway plans

This final note today, a somewhat distressing sign of the economic times, direct from Bentonville, Ark.

Walmart said today it's bringing back layaway payment plans. The world's biggest retailer got rid of layaways five years ago -- that is, before the economy went south -- because so many people were using credit cards to finance things.

Walmart says customers are feeling the pinch again and need a little help to buy what they want.

About the author

Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy. Follow Kai on Twitter @kairyssdal.
Gracie Webb's picture
Gracie Webb - Sep 9, 2011

I live in Burlington Ohio, we are the under privlige here, there is no work. The only way
the familes here will have Christmas is to put it in layaway. Even tho you say people charged on THEIR CREDIT CARDS... it still had to hur the wal mart stores. A lot of people had to turn to K MART and that is an hour away from here
which all of my family and friends did to put
christmas in layaway. .... I'm so happy Wal mart hhas brought back the lay way!!!