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Kmart prepares to roll out pilot program nationwide
Kmart is planning to roll out lease-to-own financing at stores nationwide ahead of the holiday season. The retailer began testing the program in mid-October and plans to make it available in all stores by Nov. 22.
Customers will be able to take home items priced at $150 and more for no credit, including appliances, mattresses, furniture, lawn and garden equipment, consumer electronics, service plans and others. To qualify, customers must be at least 18 years old, earn at least $1,000 per month and supply a social security or tax identification number when applying.
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Meijer opens Illinois supercenter
Grand Rapids, Mich. - Meijer will open a supercenter in Danville, Ill., on Nov. 7, marking its final of six new stores the retailer has opened this year in the Midwest. The 190,000-sq.-ft. store has created 300 new jobs and provides local residents a 24-hour shopping option.