Kmart offers the Sandra by Sandra Lee I Heart Christmas Tree Decorating Kit, model no. TK902, for $188.99. Coupon code "KMART10PSAVINGS" cuts that to $170.09. With free shipping, that's $130 off list and the lowest total price we could find. It includes 117 ornaments and a tree skirt.
Of note, Shop Your Way Rewards members will earn a Sears credit with this purchase and may be eligible for additional credits and discounts.