During the hard finacial times many store are going back to a lay a way service. What affect do you see this having on Holiday sales?

I think we will see the largest one week in history, the week before Cmas. Most lay a way programs reguire pickup by the 22nd or 23rd, meaning a crap load of sales taking place those days. Sales are not recorded until the product is paid for in full, also I do realize that some stores will not allow Electonics on Lay a way, but some do. Like My Sears does not, but my Walmart, Kmart, and Target do.

excuse me but what is lay away?

Is lay away the bargain bin?

Lay away is when you intend to pick up something from the store but do not have the necessary funds at the time. So the stores holds onto the item for a specific amount of time and when you have the money you come pick it up.

Thanks for letting me know I was also wondering the same thing as the others.

oh ok thanks

The problem is, we won't be able to distinguish which part of sales are attributed to lay-a-way, unless they are specifically given sales data by the companies.

As for not know what lay-a-way is, I figured everyone knew. It was a staple joke in several african-american comedies from the 90s.

I somewhat agree with the OP.

Considering items like the Wii are in stock right now not everyone will have the money right away and will without a doubt take advantage of something like Lay away.

I thought lay-away was a pretty common thing for the past 5 years :S

Since when does WalMart have Lay-A-Way. They removed it like 2 years ago for Site-To-Store.