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    In tough times, layaway makes a comeback


    Oct. 25: This holiday shopping season – thanks to the global financial turmoil – credit is out, cash is king and paying in installments is making a swift comeback. As NBC’s Michelle Franzen reports, consumers are taking a new look at an old retail strategy. (Nightly News)

    Of all the relics of 1950s retailing genius, layaway is the one that’s still around. And with Christmas approaching in a time of widespread economic distress, it’s coming back strong.

    In tough times, layaway makes a comeback

    November 10th, 2008 | Category: Uncategorized

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