This year retailers are again offering “layaway plans” as a mechanism to stimulate sales. These programs became popular in the 1930s before the credit card era so that people could buy merchandise and pay it off installments. They pick up the merchandise only once it’s fully paid for.
I wrote about layaway plans in a newsletter where I also featured trading stamps. Maybe they should start offering those, too? To read about shopping in other eras, check out my e-letter on “Shopping and Saving.”
What did your family buy with trading stamps? Email me as I would like to know!
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