Posted: Sun 8:52 PM, Sep 09, 2012
Reporter: Channel 6 News Email
K-mart Gets Rid Of Layaway Fees
"K-mart" is waving layaway fees in stores and online through November 17th.
Customers usually pay five dollars for an eight-week contract, and ten dollars for a 12-week layaway.
The move comes days after Toys-R-Us tossed fees through October 31st, and Walmart slashed its fee to five dollars.
K-Mart execs say this move isn't in response to competitors, and the company had already been testing the no-fee program.
Sister company "Sears" is also set to follow suit.
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