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Bed Bath & Beyond has a pre-Black Friday deal with Klarna that combines with its 20% coupons

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Bed Bath & Beyond has a pre-Black Friday deal with Klarna that combines with its 20% coupons

Holiday shopping 2021: How to get ahead this yearStores are moving up the timeline on Black Friday and Cyber Monday sales in anticipation of product and staffing shortages. Here’s how to find deals.Marc Saltzman, Special to USA TODAYFor four days there’s a way to save at Bed Bath & Beyond on top of the company’s iconic and uber-popular 20% off coupons.The retailer has teamed up with Klarna, a buy now pay later service, to offer what they have dubbed a “first-of-its-kind pre-Black Friday shopping deal.”From Friday through Monday, if you choose to “Pay in Four” Klarna installment payments at Bed Bath & Beyond stores or online, your fourth and final payment is free, the companies told USA TODAY exclusively. The minimum purchase is $10 and the waived payment is a maximum of 25% of your purchase.►Never miss out on a deal:  Sign up for Reviewed’s Perks and Rec newsletter to keep ‘em coming every Sunday through Friday.►Bed Bath and Beyond early Black Friday deals: Savings on Keurig, Shark and moreDavid Sykes, Klarna head of North America, told USA TODAY that aside from Klarna, he doesn’t know of competitors offering a promotion like this before.”We believe shoppers will be super excited, especially those who thrive around the holidays and are looking for those extra special deals,” he said. “We see strong demand from our customers, which is why Klarna is excited to kick off this type of deal with Bed Bath and Beyond first, and continue to roll out the offer at several additional merchants throughout the holiday season.”Rafeh Masood, Bed Bath & Beyond’s chief customer officer, told USA TODAY that the retailer was teaming up with Klarna on the offer “to make it even easier and more affordable to shop early.”According to Klarna’s holiday report, 40% of shoppers are planning to shop earlier with 72% looking to take advantage of sales and deals. More than one-third plan to spend more on holiday gifts this season.Installment plans, which are beginning to replace traditional layaway plans, are increasingly popular with retailers. Amazon and Walmart have adopted them, as have Macy’s and Target. Newer entrants include Paypal, which bought Paidy, and Square, which bought Afterpay.Consumers who use buy now, pay later tend to be younger, and some don’t qualify for credit cards. The advantage: They can spread out the cost of a purchase over a few weeks or months in installment payments.►Black Friday week: Plan when to shop for deals at Walmart, Target and Best Buy with this calendar►Thanksgiving dinner has been hit by inflation: What you can expect to pay for turkey, potatoesHoliday shopping: Don’t forget about online marketplacesWith ongoing supply chain challenges threatening to derail holiday shopping, some are looking for gifts on Facebook Marketplace, eBay and Craigslist.Marc Saltzman, Special to USA TODAYHow the Klarna deal works at Bed BathThe Klarna deal at Bed Bath & Beyond splits the cost of a purchase in four interest-free payments. There are no other fees as long as payments are made on time.The limited-time offer, combined with the Bed Bath & Beyond coupons, could also attract new customers to buy now pay later.“By offering customers an opportunity to pay more flexibly over time, with no fees and zero interest, and on top of that waiving the last payment from their purchase, we hope to show the value and convenience that comes with alternative payment solutions like Klarna, both for new and returning customers,” Sykes said.While Bed Bath’s coupons often carry a long list of exclusions including brands the discount doesn’t apply towards, the Klarna offer doesn’t have similar exceptions. However, according to the promotion terms and conditions, “Klarna reserves the right to cancel the offer at any time during the period listed.”The offer is limited to one transaction per customer and for U.S. legal residents over 18. To be eligible to have the fourth and final installment waived, the first three installments need to be paid in full and on time.♦To use the deal online: Download the Klarna app and once logged in, search and select Bed Bath and Beyond and choose “shop online.” Go to checkout and apply any coupon codes or offers and choose “pay with Klarna”♦To use the deal in-store: Once logged into the downloaded Klarna app, search and select Bed Bath and Beyond and choose “shop in-store,” which will prompt you to set up your one-time in-store card. Create the digital card and add it to your Apple or Google wallet. The payment is made with a phone tap at the register and you will only be charged for what you end up using.Klarna officials note that for both online and in-store shopping, the offer will not show up at checkout but “eligible customers will receive a post-purchase email from Klarna confirming their inclusion in the offer.”►Black Friday deals: Amazon, Walmart, Target and more have unveiled holiday shopping plans►TikTok class action: You might get money in the $92 million proposed settlement. Here’s how to file a claim.Follow USA TODAY reporter Kelly Tyko on Twitter: @KellyTyko. For shopping news, tips and deals, join us on our Shopping Ninjas Facebook group. 


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