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Holiday harbingers: Layaway at Wal-Mart, price-match at Toys R Us
Holiday harbingers: Layaway at Wal-Mart, price-match at Toys R Us

It’s only August, but retailers such as Wal-Mart and Toys R Us are already getting a jump on what is expected to be a difficult holiday season. On Wednesday, discount giant Wal-Mart said it would bring back its layaway program this year after last year’s program pulled in 10% more in sales than it did when it debuted in 2011. Layaway, which allows customers to put products on hold while paying for them in installments, will be free from opening fees this year. The chain previously charged a $5 fee to open a layaway account. PHOTOS: Major retail controversies As in previous years, Wal-Mart will require a down payment of $10, or 10% of an item's price. The company...

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