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Holiday Toys Going Fast in Layaway Programs

Big chains ramp up programs, see early surge in shopping

By John Johnson,  Newser Staff

Posted Oct 4, 2012 6:58 PM CDT

(Newser) – Brace yourself, parents. Some of this year's hottest Christmas toys might be in short supply come December thanks to an early surge in layaway programs, reports the Wall Street Journal. Most of the big players, including Toys 'R' Us, Walmart, and Sears, have dropped or reduced layaway fees, added incentives, and rolled out plans a month early in September. It's working. Electronic tablets for kids and Wii U gaming consoles are among the items already going fast. What's more, stores have expanded layaway categories, so more than just toys are affected.

Don't think this is serious business? We can only quote the Journal:

  • "At numerous Toys "R' Us stores, shoppers have put on layaway all the available $60 talking Furby dolls in 'pink puff' or 'voodoo purple' colors, forcing more people to opt for the 'plum fairy,' the retailer said."

A Sears and Kmart delivery truck makes its way through New York's Times Square Wednesday. Kmart and Sears announced they will offer ship-to-home for layaway purchases this holiday season.
A Sears and Kmart delivery truck makes its way through New York's Times Square Wednesday. Kmart and Sears announced they will offer ship-to-home for layaway purchases this holiday season.   (Jason DeCrow/AP Images for Sears Holding Corporation)
A file photo of a Kmart employee putting goods on layaway.
A file photo of a Kmart employee putting goods on layaway.   (AP Photo/Nell Redmond)
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COMMENTS
Showing 3 of 7 comments
wd56
Oct 4, 2012 10:14 PM CDT
Seems more like a sponsored story to increase hype and get you to go to the stores to buy things you dont need just because you think you may want it and won't be able to get it later
finkster
Oct 4, 2012 8:28 PM CDT
What electronic tablet did you want? You'll have porridge and like it!!!
Fascist_Jack
Oct 4, 2012 7:43 PM CDT
Money is power, and power is only for the strong.   That is why so many rush to give away their money in buying frenzies like this, because being powerless is their natural biological state. To fleece the masses of their coin, to harvest them like economic food, that is natural and healthy, that is justice. The superiority or inferiority of a human animal can be measured in how much he SPENDS vs. how much he TAKES IN.  A Person who earns 70k a year, but spends 60k a year is not as powerful as a person who only earns 40k a year, but only spends 20k of that.   Growing up Black, I've witnessed how a people can spend 500 billion dollars a year on worthless shit from China, while not having a dime to put into their own businesses.   Slavery never ends, it just changes form. Happy Holidays!
 

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