Kmart joins trend of cutting layaway fees
HOFFMAN ESTATES, Ill. — The trend of doing away with layaway fees continues, this time with Kmart announcing that it has removed its layaway service fee both in stores and online through Nov. 17.
The retailer follows suit with Toys"R"Us, which said it would drop the $5 upfront service fee and eliminate the minimum purchase requirement for all orders created in stores through Oct. 31 and Walmart, which, while not cutting back its layaway fee, has rolled it back to $5 from $15.
Kmart, which offers the program year round, said the decision to make the program free "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," Sears Holdings VP financial services Jai Holtz said. "By providing free layaway we want to help make holiday shopping less stressful."
Are you ready for some Snickers?
Football fans and chocolate aficionados can satisfy both cravings this season at Walmart thanks to an initiative with Mars Chocolate North America.
The candy company teamed up with Walmart to offer a 40 ounce bag of Snickers limited edition NFL Minis in which product wrappers feature logos of all 32 NFL teams.
"As an NFL sponsor we know how passionate and dedicated fans are to their favorite teams," said Roy Benin, chief consumer officer of Mars Chocolate North America. "With Snickers Limited Edition NFL Minis, fans don’t have to wait until game day to get into football mode – now they can get a taste of the NFL any day of the week."
The 40 ounce pack will sell for a suggested retail price of approximately $8.98.
ODP, NASCAR auction to raise money for BTS charity
BOCA RATON, Fla. — Office Depot will auction off items worn by NASCAR driver Tony Stewart to raise money for the Office Depot’s National Backpack Program.
Through Sept. 14, fans can bid on an autographed firesuit and helmet worn by Stewart, driver of the No. 14I Office Depot/Mobil 1 Chevrolet in the NASCAR Sprint Cup Series. The auction is accessible via www.OfficeDepotRacing.com.
“It was a lot of fun having a cool back-to-school paint scheme on my No. 14 Office Depot/Mobil 1 Chevy at Pocono and I’m very proud to again partner with the Office Depot Foundation on its National Backpack Program,” said Stewar. “Helping the Office Depot Foundation donate sackpacks to kids in need is such a rewarding experience – nothing beats seeing a big smile on their faces after giving them a new sackpack. I hope fans will get behind this great program and show their support by participating in the online charity auction.”
For the fourth consecutive year, Stewart is partnering with the Office Depot Foundation to support its National Backpack Program, which is donating 400,000 sackpacks throughout the 2012 back-to-school season – the most given out in a single year. By the end of this year, the National Backpack Program will have helped more than 2.9 million kids worldwide since 2001.
The Tony Stewart Foundation will support the auction by utilizing its eBay Giving Works account as the bidding platform.