Many of us have recently learned that a major crafting retailer is going out of business for good, nationwide. And many of us wonder, what to do? Here are tips.
Here we go again: another round of business closings, and this time it affects our beloved hobbies of knitting, sewing, crocheting, jewelry making, and many other crafts. Those of us using these hobbies to keep our sanity, calm down, express creativity, or just make something nice for ourselves or loved ones might wonder how we get the basic supplies for these crafts.
We’ve been here before. During the pandemic, ALL of the online retailers supplying my yarns for knitting eventually went out of business. And reader, I got some huge bargains on top quality yarns, which I’m still using and expect to use for many years to come. Here’s what I learned:
- Don’t fret about where to buy your next yarn stashes just yet. Nature abhors a vacuum. Supply markets naturally fill gaps when they arise. If you don’t have a nice place to buy crafting materials in the near future, again, Patience! Work through your stash. If you have indeed bought plenty of yarns or other materials from the big going-out-of-business sales, you’ll have plenty to do. If you must, order online or visit a locally owned shop. At some point, if there’s demand, another business will snatch up the market for reasonably priced crafting materials!
- Deep Clearance Sales WILL Happen. You’re about to scoop up some deals on crafting supplies, but you may need to be patient. Businesses handle these closure sales different ways. One retailer suddenly had huge sales BEFORE announcing a closure. If you see this, read the red flags and move! On the other hand, other businesses may keep trying to sell merchandise they think they can squeeze more money out of before they are finally forced to go to deep discounts. If you KNOW a business is closing and still has vast quantities of yarns or other craft supplies on hand, wait. Then, when those discounts finally happen, pounce!
- Buy plenty of yarn or other supplies you absolutely know you will use. If you knit sweaters or blankets, there will be no way to get more skeins if you run out. Buy at least as much as you think you’ll need for a project, plus extra. (You can always make something small, like a cowl or coasters, with the spare materials after you finish your big project.)
- On the other hand, DON’T buy yarn you know deep in your heart you’ll never use. Just because something is 90% off doesn’t mean it’s a great deal for you. Only buy yarns you would have bought or strongly considered buying if not on sale. If you see something at 75-90% off that you think you might want to try for a small project, go ahead if you have the spare cash. Otherwise, don’t buy something that will be sitting in a closet ten years from now.
- Think about storage and future plans. During the pandemic, I bought huge amounts of all-wool yarns in my favorite colors and weights. I was also in the process of moving and downsizing. Given that I will (and already have) put these yarns to good use at some point, I ended up re-purposing a china cabinet for these yarns. I ditched a bunch of things that cabinet used to hold – items I never used. Before you buy huge amounts of yarn or other crafting supplies, think: where will I store it, what can I get rid of to free up storage, and do my future plans allow for this? (Pssst…you might get storage bins on sale, too, if you have room for them.)
- If you’re buying wool yarns, think about preservation. Moths just love wool. They love to eat it, especially if hidden away in quiet, dark places. So if your yarn-buying spree involves wool or other such yarns, be prepared to seal up your purchases in large plastic bags. Save yourself future heartbreak.
In the meantime, happy retail therapy at bargain prices!!! Cindy
Cynthia Coe is the author of The Prayer Shawl Chronicles, a collection of interrelated short stories about knitters and those they meet through knitting and sharing prayer shawls.
Be sure to check out my newly published A Prayer Shawl Handbook: Inspiration and Resources for Your Prayer Shawl Ministry, now available in paperback and e-book editions and included in Kindle Unlimited.
Cynthia Coe is a writer, book reviewer, and avid knitter. Her books and blog posts can be found on her Amazon Author Page.
Sycamore Cove Knitting 