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  • Wal-Mart slashes holiday layaway fee in response to customer complaints

    Bentonville, Ark. -- Wal-Mart Stores said Tuesday it has lowered its holiday layaway fee from $15 to $5, saying that the move is in response to customer feedback.

    Customers may begin to open layaway accounts under the new fee arrangement on Sept. 15, and it runs through Dec. 14.

    According to Duncan Mac Naughton, chief merchandising and marketing officer, Walmart U.S., “this is a direct response to feedback we received since announcing this year's Holiday Layaway program. [It] makes Walmart more competitive in the marketplace.”

  • Toys ‘R’ Us debuts free layaway for the holidays

    Wayne, N.J. -- Toys “R” Us said Tuesday that it will waive upfront service fees for its holiday layaway program, kicking off immediately and running through Oct. 31.

    The retailer will also remove its minimum purchase requirement, and customers have until Dec. 16 to pick up orders.

    Year-round layaway programs will continue, but will have the customary $5 service fee attached.

  • Toys "R" Us and Walmart battle for layaway dollars

    Toys "R"Usenhanced its layaway program by dropping some fees and Walmart quickly responded.

    Toys "R" Us dropped the $5 service fee and minimum purchase requirement from its layaway program in a bid to capture sales of those who begin their holiday shopping early.The company said it changed the rules for its layaway program, instituted in 2009, to waive the $5 upfront service fee and eliminate the minimum purchase requirement for all orders created in stores through October 31.

  • Target donates $150K for hurricane relief

    MINNEAPOLIS — Target has donated $150,000 in cash and products to assist with Hurricane Isaac relief efforts. A $120,000 cash donation was given to the American Red Cross in support of response efforts. An additional $20,000 in product donations and $10,000 in Target gift cards will be given to other nonprofit organizations in affected areas for essentials such as water and food.

  • Woolite set to open pop-up boutique during New York Fashion Week

    NEW YORK — Woolite is opening a branded pop-up boutique during New York Fashion Week. Located at 372 West Broadway in New York, the WooliteWashed boutique will open its doors to the public on Sept. 6 with a kick-off party during Fashion's Night Out, hosted by Cat Deeley from "So You Think You Can Dance" and celebrity style expert Jacqui Stafford.

  • Kroger fuels up the savings at the pump

    CINCINNATI— Kroger is extending its summer fuel savings program through the fall and holiday seasons. Customers can now earn and redeem fuel points to save up to $2.00 off per gallon at Kroger Family of Stores Fuel Centers through Dec. 31.

    "At our customers' request we are pleased to extend our special offer doubling potential fuel savings up to $2.00 per gallon through the busy fall and holiday shopping seasons," said Michael Donnelly, Kroger's SVP of merchandising.

  • Costco, Target, Kohl's and TJX beat estimates

    New York -- Discounters reported strong-than-expected sales for August, fueled by back-to-school shopping, promotions and cooler weather in the Northeast.

    Costco Wholesale Corp.'s same-store sales in August rose 6%, beating the 4.5% rise analysts had projected.

    Target Corp. reported a 4.2% increase in same-store sales, better than the 3.1% increase that analysts had expected.

  • Retailers make strong gains in August

    NEW YORK — Macy's, Limited Brands and Gap Inc. all posted August same-store sales that topped analysts' estimates as retailers across the board generally posted strong sales, boosted by back-to-school shopping and aggressive promotions. The strong showing comes shortly after the news that consumer confidence for August slumped to its lowest level of the year.

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