Walmart announces reduced layaway fee, competes with Toys R Us
Two days after Toys R Us announced its holiday layaway program, which does away with the upfront fee through Oct. 31, Walmart decided to price match. Instead of the $15 Walmart originally said it would charge for layaway orders, the cost was rolled back to $5 and shoppers can receive a $5 Walmart gift card if the order is fulfilled. Walmart also did away with the $10 cancellation fee.
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