Has WalMart jumped the shark? [View All]

[Horse with no Name]

Okay kill me now. I had to go to WalMart this morning--only store in 30 miles and I needed one silly thing so I didn't drive to get it.
One of the things that has always set WalMart apart from the other box stores is that it accepted layaway.
Their store caters to the clientele that needs layaway. Personally, I will use it when I want something and don't feel the need to pay interest or finance charges, but don't want the price to change or the item to go out of stock, etc.
Anyway, there is a big sign on the front door that says "Walmart is phasing out it's layaway department".
It said it would continue to take layaways until mid October but after that it would never accept layaways again.
Of course it encourages the use of gift cards and low interest credit cards available.:eyes:
It will be interesting to see how this pans out. I think it will hurt their business.