HOFFMAN ESTATES, Ill.,
May 2, 2018 /PRNewswire/ -- Sears and
Kmart announced today that they are expanding their LEASE IT
program online, thereby becoming the only national full service
retailer to offer a full assortment of products to lease both
online and in-store. The LEASE IT payment option, originally
launched in-store at Sears and Kmart in 2012, can make a difference
to members who don't qualify for or don't want to use traditional
financing.
The LEASE IT program by WhyNotLeaseIt allows members to select
from a variety of products online and complete the transaction
using leasing as an option. Eligible products and services are
simply added to the cart and the leasing option can be selected
when the transaction totals $199 or
more. Online shopping sites include: sears.com, kmart.com,
Puerto Rico sites - sears.com/pr
& kmart.com/pr, and related mobile apps.
"This program gives a much-needed financial solution to those
unable to purchase on credit, secure credit or, because of
immediate need, can't use layaway," said Leena Munjal, chief digital officer, Sears
Holdings. "We are excited to bring this payment option to all our
digital channels so members have the ability to lease products
online, through our mobile apps, or in-store. This is another
example of how we are continually innovating to make online
shopping a positive experience."
"Sears was the first national retailer to provide the
convenience of an in-store leasing program," said Terry Rolecek, head of Shop Your Way financial
services, Sears Holdings. "As our members engage across all
channels, expanding the program online was a natural fit given our
broad brand-name product selection online. This type of innovation
builds on our ability to serve our members by providing another
pathway to having what they need for their home and family."
Members can select from a robust assortment of thousands of
items across multiple categories on the company websites and
related apps, including home appliances, electronics, lawn and
garden, fitness, mattresses, fine jewelry, bicycles, and tools. As
the leading provider of home services and delivery, we can offer
members the peace of mind with bundling delivery, installation, and
protection agreements into one lease.
Not all products and services available online are offered
through the LEASE IT program. For more information on the
online LEASE IT program, please visit sears.com/leasing,
kmart.com/leasing and blog.searsholdings.com.
About Sears, Roebuck and Co.
Sears, Roebuck and Co., a
wholly owned subsidiary of Sears Holdings Corporation (NASDAQ:
SHLD), is a leading integrated retailer providing merchandise and
related services and is part of Shop Your Way, a social shopping
experience where members have the ability to earn points and
receive benefits across a wide variety of physical and digital
formats through shopyourway.com. Sears, Roebuck offers its wide
range of home merchandise, apparel and automotive products and
services through Sears-branded and affiliated full-line and
specialty retail stores. Sears, Roebuck also offers a variety of
merchandise and services through sears.com and specialty catalogs.
Sears, Roebuck offers consumers leading brands including Kenmore,
Craftsman, and DieHard – among the most trusted and preferred
brands in the U.S. The company is the nation's largest provider of
home services, with more than 6,000 expert technicians who make
nearly 11 million service calls annually. For more information,
visit the Sears, Roebuck website at www.sears.com or the
Sears Holdings Corporation website
at www.searsholdings.com.
About Kmart
Kmart, a wholly owned
subsidiary of Sears Holdings Corporation (NASDAQ: SHLD), is a mass
merchandising company and part of Shop Your Way, a social shopping
experience where members have the ability to earn points and
receive benefits across a wide variety of physical and digital
formats through shopyourway.com. Kmart offers customers
quality products through a portfolio of exclusive brands that
include Jaclyn Smith, Joe Boxer, Route 66 and Smart Sense. For
more information visit the company's website
at www.kmart.com | Sears Holdings Corporation website
at www.searsholdings.com |
Facebook: www.facebook.com/kmart.
CONTACT:
Sears Holdings Public Relations
(847) 286-8371
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SOURCE Kmart