I went to the dime store a few weeks ago and found some re-packaged yarn. There were no labels for the yarn, so I have no idea what it is, but it works up similar to Caron Simply Soft.
I made a cute black shrug with a collar and half sleeves and a very fun brick red skirt with a drawstring.
 
 
I used Red Heart With Love yarn for the Granny Square Top and Hexagon Shrug. These two are very colorful and fun!
For the brown top and the gray shrug I used Caron Simply Soft yarn.
All of the tops are quick to whip up and fun to wear with anything.