For what it's worth, from my personal perspective, it seems to be a really good idea, win-win for consumer and shop owner.
Consumer perks:
--can better "afford" shop prices. Doling it out a bit at a time takes so much sting out of it.
--it's easier on the budget.
--able to purchase new lines as they debut and not have to scramble all over trying to get the collection from multiple shops.
--don't have to wait until you have all the money.
--the agonizing anticipation of knowing it's there. :lol:
Shop perks:
--happy customers.
--guaranteed sales.
--can better anticipate fabric selections to carry.
--increased sales.
--repeat customers.
--word of mouth traffic.
--possible trend-setting???
Not sure monetarily how it would work to benefit the shop when a layaway is canceled. Now they have a specific size piece to resell. So would it be done "as is" or marked down and clearanced?
Either way, I'm attracted to the idea and may try it out after looking into it more.