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BENTONVILLE, Ark., Sept. 5, 2012 /PRNewswire-HISPANIC PR WIRE/ —
The following statement should be attributed to Duncan Mac Naughton, chief
merchandising and marketing officer, Walmart U.S.:
“When our customers speak up, we listen. Last year, they told us they wanted
a holiday layaway program. We brought it back, and it was a success.
This year, they told us they wanted more categories, more time and a
different fee structure. And we responded again.
Today, I’m excited to announce that we’re rolling back our Christmas Layaway
open fee from $15 to $5. This is a direct response to feedback we received since
announcing this year’s Holiday Layaway program. Customers who make their final
payment will receive a refund of the $5 fee on a Walmart gift card.
We believe this rollback strengthens our layaway offering. It’s even more
attractive to our customers and makes Walmart more competitive in the
marketplace.”
For more information, visit http://walmarturl.com/walmartlayaway.
Walmart Christmas Layaway Overview:
Available nationwide Sept. 16 through Dec. 14, layaway at Walmart will give
families 90 days to shop, pay and stretch their paychecks further this holiday
season. Layaway features at Walmart include:
- An expanded list of eligible categories, including small home
appliances and select sporting goods such as basketball goals, trampolines and
large exercise equipment. Customers can also use layaway for a broad selection
of electronics, toys and jewelry.
- Early layaway access for shoppers who like their local Walmart store on
Facebook.
Customers simply need to sign up on their local Walmart Facebook page to be
able to start their layaway on Sept. 14.
Process, Pricing and Savings
2011 | 2012 | |
Days | 60 | 90 |
Open Fee | $5 | $5 |
Down | 10% or $10, | 10% or $10, |
Cancellation Fee | $10 | $0 |
Total | $0 | $5 (gift |
Individual items must be priced $15 or more, and the total layaway purchase
must be at least $50. If the order is cancelled or not paid in full, the open
fee is not refunded; however, no additional cancellation fee will be charged.
Layaway open fees and refunds may vary by state.
About Walmart
Wal-Mart Stores, Inc. (NYSE: WMT) serves customers
and members more than 200 million times per week at over 10,300 retail units
under 69 different banners in 27 countries. With fiscal year 2012 sales of $444
billion, Walmart employs 2.2 million associates worldwide. Walmart continues to
be a leader in sustainability, corporate philanthropy and employment
opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com/, on Facebook at
http://facebook.com/walmart and on Twitter at http://twitter.com/walmartnewsroom. Online merchandise sales
are available at http://www.walmart.com/ and http://www.samsclub.com/.
SOURCE Walmart
