Last week Sears entered into the vacation layaway business when they launched SearsVacations.com. On their home page they are offering a sale of “100 vacations for less than $399″ to places like Orlando, Las Vegas, and New York or a Caribbean cruise. The best part for many is that the trips can be paid off in installments without interest charges or service fees. Customers can use layaway or a traditional credit card or pay with a Kmart, Sears or Lands’ End gift card. Here are more details.