Kmart this afternoon issued the following statement regarding its customer-focused layaway program:
"As a value added service and as part of the company's mission to build long-lasting relationships with our customers, Kmart continues to offer a comprehensive layaway plan at nearly 1300 locations nationwide," said Don Germano, senior vice president, Kmart retail.
Germano added, "Kmart has offered various layaway services for nearly 40 years. We are proud to offer a wide variety of products to customers with very diverse needs. With the holidays approaching, Kmart wants shoppers to know that we think it is especially important that this service be available. Layaway service is a way for gift-givers to keep presents away from prying eyes, and provides customers with this convenient option."
Kmart, a wholly owned subsidiary of Sears Holdings Corporation (NASDAQ: SHLD), is a mass merchandising company that offers customers quality products through a portfolio of exclusive brands that include Thalia Sodi, Jaclyn Smith, Joe Boxer, Martha Stewart Everyday and Route 66. For more information visit the company's website at http://www.kmart.com/ or the Sears Holdings Corporation website at http://www.searsholdings.com/ .
SOURCE: Kmart Holding Corporation
CONTACT: Kim Freely of Sears Holdings, +1-847-286-6093; Colleen Cleary
of Kmart, +1-212-456-2463