Sears to Bring Back Layaway Program
Chicago Sears Holdings Corp. is bringing layaway back to its namesake stores next week, nearly two decades after it was scrapped.
The company cited strong response to the pay-as-you-go plan at its Kmart locations as the reasoning behind the program reemergence at Sears.
Layaway will be available beginning Sunday in all Sears departments except home appliances and home electronics, following the success of the reinvigorated program at Kmart.
Kmart has maintained the program for decades, but began promoting the option for the first time in years late last month. So far executives, who declined to release specific figures, called the results “tremendous.”
Wal-Mart partners with Army Reserve
BENTONVILLE, Ark. The U.S. Army Reserve and Wal-Mart have signed an agreement that allows both organizations to recruit, train and employ individuals interested in both serving the nation and pursuing a career in the retail industry.
The initiative provides Army Reserve Soldiers opportunities for employment with Wal-Mart after they successfully complete military occupational specialty training (MOS). The Army Reserve and Wal-Mart will work together to recruit, license and offer training reciprocity to qualified Soldier candidates. The agreement commits Wal-Mart to interviewing and considering all qualified, participating Soldiers for employment upon completion of MOS training.
“We are excited and honored to have U.S. Army Reserve Soldiers join our team,” said Lee Scott, president and ceo of Wal-Mart. “Our company has a longstanding commitment to providing employment opportunities in the community. We have also long recognized those who serve in the military, and it is a privilege to assist the troops and their Families with this new initiative.”