"Last year, millions of Americans relied on layaway at Walmart to provide a great Christmas for their families. Because of their feedback, we're offering the service again this year and making it better than ever," said Duncan Mac Naughton, chief merchandising and marketing officer, Walmart U.S.
New 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 beginning August 28 to be able to start their layaway two days early on Sept. 14.
• A full refund of the layaway open fee ($15) given on a Walmart gift card for customers who make their final payment.
Must-Have Gifts for the Holiday Season
Walmart has also worked with major brands to ensure the holiday season's top electronics and toys are available in time for its mid-September layaway launch. A few of the season's most coveted gifts include the following:
- Apple iPad
- FURBY by Hasbro®
- LEGO® City The Mine
- Vizio Smart, 3D HDTVs
- Monster High® High School
- HP® Ultrabook Laptop PCs
"I'm excited that layaway will be earlier this year so my dollars can go further for my kids," said Monica Brady, author of the blog Mommy Brain Reports. "I know I can rely on Walmart to have the gifts my kids want to see under the tree at a price I can afford."
Process, Pricing and Savings
A down payment of 10 percent or $10, whichever is greater, is required and is applied to the purchase.
Individual items must be priced $15 or more, and the total layaway purchase must be at least $50.