Credit Crunch brings Layaway back into local stores

By: Aaron Luna Email
By: Aaron Luna Email

It started during the great depression as a way for people to buy things in a time when cash and credit were scarce but now some stores in the Grand Valley are bringing it back for the Christmas season.

It’s called layaway, and Jeff Long, the store manager of a local Sears says, "it’s an additional option for our customers that don't want to buy today and take home today they can buy today, they can pay over the course of the next month and a half and take it home by December 23rd."

Something nearly every store had offered at one point in time, and this Christmas layaway is making a comeback. The Sears store at the Mesa Mall started using the program several weeks ago. Long says there’s been great feedback from his customers, "they're all about taking their time to pay it off and having it ready before Christmas."

K–Mart on North Avenue never dropped the layaway option and this year it's paying off big. Sid Schnabel, manager of the local K-Mart says, "this year has really been an increase for us; instead of using your credit card which you know credit rates are pretty high right now you can actually just come down here and we'll store it and put it away for you for the eight week period."

Grand Junction mother, Rebecca Koahles is picking up a Christmas present she put on layaway several weeks ago, it’s Winnie the Pooh bedding for her daughter. Koahles says that with 25 people on her shopping list even putting one thing on layaway really helps out. Koahles says that "because we were buying the bed and the bedding and the mattress and we couldn't afford to get everything at once so layaway was the perfect fit for us."

Another more subtle benefit to putting Christmas presents on layaway is leaving the store empty handed keeping those gifts a secret until the 25th.

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