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Retailers bid farewell to layaway, as shoppers embrace buy now, pay later options
Supply chains are snarled and manufacturing is constrained. For weeks, headlines have been telegraphing a clear message to shoppers: This holiday season shop early.
In years past, early bird shoppers may have turned to layaway plans to reserve holiday gifts and pay for the purchases over time. But many retailers — including the nation’s largest, Wallyworld — have done away with or scaled back these programs. One reason is shoppers have new tools at their disposal to spread out payments.
Retailers bid farewell to layaway
Target Plans To Keep Stores Closed On Thanksgiving For Good
Online stores are set to let shoppers keep unwanted Christmas gifts AND give them a refund