B's dashboard

Yes I can see how in this economy layaway would be a great idea. One of the problem with the old layaways is a group of customers would layaway a high ticket item that was sold on a seasonal basis only, like lawn mowers or snow blowers, leaving the items in layaway until the end of the season when it goes on clearance then they cancel the layaway to purchase the same item for less. So they have a guaranty that they will get that item, that is on layaway while other willing to pay full price the same day they see it have to go without. The layaway item that was once full price now get put back after canceling the layaway, going back as clearance out of date item that no one wants or needs once the season is over. In my opinion what they need to do is to charge the normal 10% that goes toward the purchase, and if the layaway is canceled then keep the 10 % that was put down to start the layaway to begin with.