The story that helped save a season
Kmart Layaway
A retail mainstay for decades, Kmart stores were facing
unprecedented opposition in the marketplace from its two key
competitors, Target and Walmart. We reintroduced a tried and
true program that Kmart had maintained for years to offer
customers an easy way — to go easy — on their pocketbooks.
Mission
Reconnect with our core
consumer and instill confidence
in them during tough financial
times. Make Kmart a highly considered destination for
Holiday shoppers, who were
looking to save money during
what was expected to be
the worst holiday shopping
season in decades.
Vision
Spotlight Kmart Layaway
as a helpful holiday service
for struggling shoppers, and
re-establish it as a unique
POD from our competitors.
Creation
Create a through-the-line
multi-lingual campaign that playfully educated and expounded on the virtues of Kmart's layaway program.
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Results
The results were tremendous!
The recession-fighting program doubled the volume of merchandise dollars and Sears Holdings shares!
Kmart saw a 1.5 % increase in sales. Sears/Kmart saw 3 million new
layaway customers combined. Add
to that a 70% increase in layaway income, we put Kmart back in the
black for the first time in years.