Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Sears Holdings Corp    SHLD

Delayed Quote. Delayed  - 07/29 10:00:00 pm
15.41 USD   +2.39%
07/27 SEARS : Canada Announces Organizational Alignments to Focus on Leade..
07/26 SEARS : Canada president leaving job less than a year after starting
07/26 SEARS : Launches New Denim Lines, Sends Kids Back To School in Serio..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsRevisions 
News SummaryMost relevantAll newsSector news 

Sears Holdings Corp : Kmart® Launches Lease-To-Own Program Nationwide

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/06/2013 | 03:18pm CEST

HOFFMAN ESTATES, Ill., Nov. 6, 2013 /PRNewswire/ -- Kmart will offer lease-to-own financing at stores nationwide this holiday season. The latest addition to Kmart's portfolio of financial services, the lease-to-own program began to rollout at Kmart stores in test markets as of Oct. 15 and will be available in all stores by Nov. 22. Giving customers and Shop Your Way(SM) members a no credit-required way to take home the items they need right away, lease-to-own financing will be available year-round for merchandise priced at $150 and over.

"Kmart's lease-to-own program will help ease some of the financial barriers our members and customers will face this holiday season," said Jai Holtz, vice president, financial services, Sears Holdings. "For members and customers who have an immediate need, lease-to-own gives a full house assortment of products and a way to pay."

Large Product Assortment & Competitive Pricing

Members and customers will have access to more than 600,000 products including home appliances, mattresses, ready-to-assemble furniture, lawn and garden equipment, consumer electronics, seasonal toys, sporting goods and service plans.

Kmart lease-to-own products are always brand-new, never refurbished items including trusted brands such as Kenmore and Craftsman. Customers using lease-to-own financing at Kmart will receive competitive retail sales pricing for their items and will have access to the full scope of Kmart's warranties and in-home services; plus, Shop Your Way members will earn points on leased purchases.

How to Qualify

To qualify for lease-to-own, a customer must be 18 years of age, earn a minimum of $1,000 a month and supply a social security or tax identification number when applying. The minimum amount for lease-to-own financing is $150, there is no maximum amount and customers may bundle multiple items under one contract, provided that at least one item meets the $150 minimum. Members and customers make the first lease payment at the store, followed by monthly or bi-weekly payments made electronically. After five months, customers have the option to buy out the lease.

The lease-to-own program is part of Kmart's financial services portfolio, which offers payment and financial solution options for every customer. Additional products include layaway, bill pay, check cashing, the Sears MasterCard and the Halogen pre-paid debit card.

For more Kmart holiday news, please visit www.kmartepk.com.

About Kmart

Kmart, a wholly owned subsidiary of Sears Holdings Corporation (NASDAQ: SHLD), is a mass merchandising company and part of SHOP YOUR WAY, a social shopping experience where members have the ability to earn points and receive benefits across a wide variety of physical and digital formats through ShopYourWay.com. Kmart offers customers quality products through a portfolio of exclusive brands that include Sofia by Sofia Vergara, Jaclyn Smith, Joe Boxer, Route 66 and Smart Sense. For more information visit the company's website at www.kmart.com | Sears Holdings Corporation website at www.searsholdings.com | Facebook: www.facebook.com/kmart

SOURCE Sears Holdings Corporation

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SEARS HOLDINGS CORP
07/27 SEARS : Canada Announces Organizational Alignments to Focus on Leadership and Gr..
07/26 SEARS : Canada president leaving job less than a year after starting
07/26 SEARS : Launches New Denim Lines, Sends Kids Back To School in Serious Style
07/26 ELECTROLUX : Frigidaire and Kenmore Wall Ovens Recalled by Electrolux Due to Fir..
07/23 SEARS HOMETOWN AND OUTLET STORES : Five Illinois Sears Hometown Stores Get New L..
07/22 SEARS : Games, movies and beer part of projects at West Towne and East Towne mal..
07/21 TEMPUR SEALY : Sealy and Sears Surprise Select Group of New Homeowners with a Fi..
07/21 SEARS : Chamber plans job fair at Galleria
07/20 SEARS : Hometown Store in Lincoln City Reveals Refreshed Appliance Shopping Expe..
07/20 DOWN THE RIVER : Morris has a bad weekend
More news
Sector news : Retail - Department Stores
07/29 Inventory reduction curbs U.S. economic growth; rebound expected
07/29DJLow Crude Prices Hammer Big Oil Companies
07/29DJUNITED PARCEL SERVICE : UPS Profits Rise on E-Commerce
07/29DJAMAZON : Today's Top Supply Chain and Logistics News From WSJ
07/29DJAMAZON : Sales Jump Extends Amazon's Streak -- WSJ
More sector news : Retail - Department Stores
News from SeekingAlpha
07/28 J.C. Penney Escalates Appliance War Vs. Sears
07/26 BEST AND WORST Q3'16 : Consumer Discretionary ETFs, Mutual Funds And Key Holding..
07/22 Appliances back at J.C. Penney
07/22 TAUBMAN CENTERS : The Cream Rises To The Top
07/20 The Downward Spiral Of Sears Canada