HOFFMAN ESTATES, Ill.
Sept. 7, 2012
/PRNewswire/ -- Kmart® today announced it will be removing its layaway service fee* both online and in-store starting
. Kmart's free layaway emphasizes the company's commitment to delivering value and convenience to customers, acknowledging family budgets are strained during the holiday.
"At Kmart, we understand the excitement holidays bring, and the budget concerns that come with them," said
, vice president, financial services, Sears Holdings. "By providing free layaway we want to help make holiday shopping less stressful."
Customers don't have to wait until the holiday season to take advantage of layaway – Kmart is the only mass retailer to offer the program 365 days a year, nationwide. There's no minimum transaction amount and customers can lock in today's low prices on a full range of merchandise including apparel, toys, electronics, jewelry and more.
With programs like layaway and a full range of credit solutions available, Kmart continues to respond to consumer needs. These programs give customers the flexibility to shop any way they prefer, whether in-store or from the comfort of their own homes.
a wholly owned subsidiary of Sears Holdings Corporation (NASDAQ: SHLD), is a mass merchandising company and part of ShopYourWay, a social shopping experience where members have the ability to earn points and receive benefits across a wide variety of physical and digital formats through
. Kmart offers customers quality products through a portfolio of exclusive brands that include Sofia by
, Route 66 and Smart Sense. For more information visit the company's website at
|Sears Holdings Corporation website at
*Cancellation fees apply. Offer valid on new Kmart layaway purchases made on
9/7/2012 through 11/17/2012
. Requires down payment and biweekly payments. Free Layaway promotion will waive
service fee on an 8 week contract and
service fee on a 12 week contract only on contracts initiated in-store on
through 11/17/2012. All fees nonrefundable. Not available at all Kmart stores. 12 week layaway option available on purchases of
or more. Exclusions apply, see store for details.
Sears Holdings Corporation (847) 286-0715