Sears, Toys R Us, Walmart, Target and QVC each have no-money down, or layaway, options as of 2015. Some programs are in-store only, for a period of time, or product-specific.
Sears has a no-money down layaway program for in-person purchases, as well as a down-payment program online. Meanwhile, Toys R Us requires a deposit and has a cancellation fee for its in-store layaway option.
Target provides the option to place merchandise on hold for 24 hours, which may be helpful during the busy holidays. In addition, Walmart offers a layaway program during the holidays with a $10 or 10 percent down-payment option in stores.