TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Sears offers lease-to-own program

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

SHLD $52.99 +$0.36

at close on THURSDAY

Daily Photo Galleries

By The Associated Press
Friday, May 10, 2013, 12:01 a.m.
 

Sears Holdings Corp. is offering a program at its namesake department stores that will allow financially strapped shoppers unable to quality for credit to lease electronics, home appliances, furniture and mattresses.

The program, which was tested in September in 10 stores, is being rolled out to all 900 stores beginning this week. Sears is starting the program with leasing service WhyNotLeaseIt.

To qualify for the program, a candidate must be 18 years old, earn a minimum of $1,000 a month and have a Social Security or tax identification number when applying. Customers make the first lease payment at the stores.

The Hoffman Estates, Ill.-based retailer, which also operates Kmart, is trying to turn itself around after years of weak sales.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. First Niagara to cut 200 jobs; Pittsburgh impact unclear
  2. 8 Western Pennsylvania hospitals penalized over infections
  3. Pennsylvania jobless rate drops to 5.1 percent
  4. Beacons track shoppers’ smartphones amid retailers’ aisles
  5. Nonprofit hospitals in Western Pa. feel pain in finances despite Affordable Care Act
  6. Western Pa. utility workers OK contract with FirstEnergy
  7. Ford expands air bag recall across U.S.
  8. Hospital finances still crying ‘ouch’
  9. 84 Lumber vice president McCrobie says company, housing market rebounding
  10. Online price battle heats up with intraday price fluctuations
  11. Harmar developer sells 15 hotels in Western Pa., West Virginia
Subscribe today! Click here for our subscription offers.