In a nod to consumer concerns about the economy, Toys R Us says it is offering an expanded layaway program, even for online shoppers, as well as additional flexible payment plans. The Wayne,
N.J.-based retailer began offering layaway on big-ticket toys back in 2009, and has been adding new categories to its pay-over-time options. Starting Oct. 15, layaway will be available on all items in
many of its stores. "Since we first introduced layaway in our stores two years ago, thousands of customers have taken advantage of the program for both its flexible payment terms and its ability to
help them hide those 'big gifts' until Christmas morning," says a store exec in its release. Customers must put 20% down, and then have 90 days to pay up.
