Has Wal-mart discontinued lay-aways in your area?

Question

Can someone give me a specific reason why? I am doing a paper on business decisions and I need some help.

Answer 1

I heard they had stopped layaway throughout all the stores. I never heard any reason given, but I often wondered if it wasn't just a big drag, seeming to involve a lot of expenses to run the layaway system for little return. A few years ago I was at that counter returning something, and a woman next to me was putting $25 worth of merchandise on layaway. If those three or four small items were left on the store shelves they would have been sold in no time. As it was, they couldn't be sold, and Walmart's was just providing free storage for those items, until (if ever) the customer came back to get them.The whole thing seemed just not cost effective, and "cost effectiveness" is, of course, what Wal-Mart aims for in order that they can keep the price of their merchandise as low as possible - which is the very slogan they operate under.

Answer 2

Sure have, as of November 18, 2006, in Alabama. They say it's b/c more people are resorting to online purchasing (especially around Christmas).
Mom of B & D

Answer 3

They are doing away with it in all of their stores. It is because people are using the Wal-Mart credit cards and other credit cards.

Answer 4

The idea is that the floor space currently used to support lay-away would generate more revenue if converted to shelf space.

Answer 5

They haven't at mine in N. Texas, but my mom said they did at hers in N. Oklahoma. Don't know the reason why.

Answer 6

yes daytona beach

Answer 7

Yes. (McAllen, Texas)

Answer 8

yes, tallahassee florida