Seeking Alpha

Wal-Mart already into layaway promotions for the holiday season

Wal-Mart (WMT -0.1%) eliminates a $5 fee to participate in its layaway program to fire one of the first shots of the holiday season promotional battles in retail.

The company's layaway program will run from September 13 to December 13.

Other retailers such as K-Mart (SHLD), Toys R Us, and Best Buy (BBY -1.9%) are likely to match Wal-Mart's layaway offer.

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