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Kmart (SHLD -0.1%) plans to waive its layaway fees as it follows in the footsteps of Wal-Mart...

  • Friday, September 7, 2012, 12:26 PM ET
    Kmart (SHLD -0.1%) plans to waive its layaway fees as it follows in the footsteps of Wal-Mart and Toys R Us. Though the three chains don't see layaway plans as a huge moneymaker, it's still an effective way to drive up store traffic and launch the holiday season earlier and earlier.
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