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George Anderson

Editor-in-Chief/Associate Publisher
RetailWire LLC

Does Layaway Pay?

October 29, 2012

FROM RETAILWIRE:
A piece on The Wall Street Journal website offers consumers some reasons why they should not put items on layaway. With the economy showing signs of improvement, is it just a matter of time before retailers start announcing the end to layaway programs again?      [more...]

MY COMMENTARY:

Twenty-nine percent of Americans do not own a credit card, according to a 2010 poll report by CreditCards.com. Another study released in the same year by the Federal Reserve Bank of Boston found that 22 percent did not have a credit card.

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