SKEPTICAL? YOU SHOULD BE
The retail apocalypse continues to claim high-profile victims, with shoe seller Payless joining the ranks of national chains pulling the plug, a move that will close roughly 2,100 stores. Even dollar stores are feeling the heat: Family Dollar will be closing nearly 400 of its 8,000-plus stores. That means going-out-of-business sales show no sign of fading anytime soon. And while they may seem like fertile ground for hot bargains, liquidations are actually a minefield for shoppers who don't do their homework. If you're determined to sniff out a deal, read on — otherwise, you may fall for a "deal" that's anything but.