This is news to me because I never knew that Toys R’ Us even had a layaway program, but apparently it was very popular over the holidays, so the toy retailer has decided to extend the program. Now customers can use the layaway option on big ticket items at all Toys R’ Us stores. Things like swing sets, pools, bicycles, and water slides can be put on layaway, and at Babies R’ Us stores, items such as cribs, high chairs, and car seats can also be paid incrementally. This is excellent news for families who may not be able to afford to purchase these things all at once, and it’s really a nice option to plan for birthday gifts too. The terms for layaway include an initial down payment of at least 20 percent, as well as a $10 service fee. The item(s) must be paid for in full within 90 days.
