Sears is Closing More Stores
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Sears is Closing More Stores

Posted on Monday, September 3rd, 2018 at 7:00 am
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Sears will be closing 46 more Sears and Kmart stores. This follows the more than 100 stores that Sears Holding shut down in January of 2018, and the 100 or so stores it shut down in May.

These closures may result in changing how and where you shop in the upcoming holiday season. Here are some tips for coping if your local Sears or Kmart will close before Christmas.

Don’t Do Layaway

It can be risky to put something on layaway in stores that are closing. There’s a chance that the layaway deal you paid for could abruptly end if the store ends up closing sooner than expected. You could end up paying for layaway and not being able to access the items you were trying to save.

There is also a possibility that a store that is closing may have already stopped offering layaway. If you see something you want to buy while shopping – purchase it right away. If it’s not in your budget, then it might be best to buy the same item from a different department store that is still offering layaway.

Find an Alternative Catalog

Many people grew up pouring over the Sears catalog that arrived by mail during the holidays. It was a huge, fat, catalog filled with the hottest toys of the season. It seems unlikely that Sears will publish their catalog this year.

An alternative catalog might be found online at the Sears website. Amazon typically has special offers during the holiday season. Kohl’s and Target might print advertisements that function sort of like the Sears catalog did (but in a smaller format).

Find Deals at Stores that are Closing

Stores that are in the process of closing need to liquidate their stock. These stores may have sales that you won’t find in the stores that are going to remain active and open. Shop wisely! Check the item to make sure it is in good condition. Don’t be tempted to buy things that you don’t need just because they are on sale.

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Good Tip: Saving money is important – especially if you have a lot of expenses like bills to pay, loans to pay off, and all the other things that drain your bank account. Figuring out a way to save money can feel tedious to some, and like a punishment to others. U.S. News suggests that you try one of these money saving challenges. The “No Eating Out for a Month” Challenge This one is self-explanatory. The goal is to avoid eating out for an entire month. This might be super easy for people who enjoy making meals at home. People who really enjoy dining out, or ordering food to be sent to their home, may struggle with this one. It’s worth a try because spending money on take-out is more expensive than buying groceries. The Pantry Challenge This one is a variation of the “No Eating Out for a Month” challenge. The goal is to use up all of your groceries before you buy more. It forces you to try and remember why you bought a food or beverage that you don’t know what to do with, and gives you the opportunity to find a way to use it. The one exemption to this challenge is the foods that have expired. Don’t eat them! Throw them in the trash. The “No Spend” Challenge Make a goal to avoid spending money during an entire weekend. The only exemption in this challenge is that you are allowed to pay bills. This challenge is interesting because it requires creativity. You must be creative and find workarounds for problems that you would typically solve by spending money. You may have a different outlook on spending after finishing this challenge.