Kmart Announces Its Online Layaway Program

For those of us who like to space out our holiday shopping instead putting the financial stress all in one month, Kmart offers a helpful solution.

Kmart has announced online layaway as part of its National Layaway Week, taking place now through Oct. 9. The discount store will launch it's online layaway program Friday, Oct. 9, allowing shoppers the choice to layaway their online purchases.

Shoppers will be able to browse items and have the option of placing those items on layaway through its online process and conveniently picking the items up at a local Kmart store.

Online Layaway Contract Management Features

• Layaway Availability Grid - Helps shoppers confirm the availability of their items at time of purchase.
• Layaway Calculator - Details the layaway payment schedule and down payment information on the layaway contract.
• Layaway Manager - Allows users to make payments; view their payment schedule and other contract details.
• Contract Management E-mails - Reminds shoppers of payment due dates.

This is a good solution to those of us who do not like to run up our charge cards and who dislike paying the high interest rates.

"We have an entire generation of customers that grew up shopping online," said Mark Snyder, chief marketing officer, Kmart. "Launching online layaway at Kmart engages these customers by allowing them to spread their payments out over time and better plan their spending."

Online layaway is also available at the Sears chain.