New for this year is a 2012 Super Savers Pass, which rewards members can earn when they spend $200 or more during the designated period. The pass gives rewards members more than $100 in savings, including exclusive coupons that will be emailed monthly next year.
The privately held toy company said Tuesday that its more than 24 million existing rewards members and new participants will be able to get 10 percent back in R Us dollars for each dollar spent on qualifying purchases. Shoppers can also earn holiday rewards with layaway purchases, but they don't qualify until fully paid. Layaway orders for toys must be paid in full by Dec. 4.
Toys R Us joins a raft of retailers that have unveiled holiday promotions to lure shoppers with the promise of saving money or winning rewards. On Monday, Wal-Mart Stores Inc. announced it would match competitors' advertised prices retroactively if shoppers see a better deal any time during the holiday season.
Toys R Us announced earlier this month that it was expanding its layaway program ahead of the holidays. This year, a layaway option will be offered on all toys, from Legos to Barbie, in about 450 of its 600 stores. The layaway program started on Oct. 15.
Wayne, N.J.-based Toys R Us said about 2 million customers joined its free rewards program during the 2010 holiday season to take advantage of the 10 percent back promotion. The rewards program began in 2008. Customers can sign up for it either in a store on online at Toysrus.com/Rewards.
R Us dollars will be sent to rewards members via email in January and can be used on future in-store purchases.