JUST LIKE THE GOOD OLE DAYS

One of the relics of the 1950's is making a comeback. The retail invention called--layaway. For many years it has been all but extinct, with the Kmart corporation about the only major retailer bothering to keep layaway plans among their customer services. The service- in which a customer pays off the purchase price of a product in installments plus a small fee before taking it home- appeared headed for obsolescence two years ago when Wal-Mart shut down its' program. But thanks to the economic downturn, and many credit card companies reducing their limits, layaway is making a comeback. This Holiday season many other national retailers have joined Kmart in advertising their layaway options, including TJ Maxx, Marshalls, Burlington Coat Corporation, and many other regional chains and local stores. What will happen when the credit card companies figure out that people don't need them anymore? Elvis, Buddy Holly, The Skyliners and layaway. Yes, the good ole days were still the best.