Feel like a little retail therapy on Labor Day? Target can help with that.
And that’s because Target will be open, Labor Day. Circle your calendars. The next federal holiday is Sept. 6.
The labor movement pushed for Labor Day about 130 years ago. Labor Day became a federal holiday in 1894. It’s usually designated on the first Monday of September.
While Labor Day honors the nation’s workers, it also symbolizes other benchmarks. We can use the holiday to say goodbye to summer, although the heat still blazes well into September in the south and southwest regions of the country. Labor Day means the start of school. And Labor Day also usually is the official kickoff of football season.
So with all those different events beginning or ending, a store like Target has so many opportunities for a sale. On Labor Day, most Target stores will be running normal business hours.
Let Us Count the Reasons Target, Other Stores, Stay Open on Labor Day
And here’s why Target stays open on Labor Day. The chain, which is based in Minnesota, hypes its Summer Sendoff. We know the best way to say goodbye to summer is to spend money, right? Last year, Target did big markdowns on bedding (lots of college students were moving into dorms), clothing and shoes (it’s still back-to-school) and ground beef (hello, cookouts). And if you wanted to use a long weekend to clean and organize your home, the store also gave gift cards if you bought above a dollar amount of designated products.
Labor Day also ushers in another season. That’s the start of holiday shopping, which is why stores like Target stay open.
A year ago, Labor Day was a big boon to a retail industry that had been pancaked by the pandemic. Reuters reported that retail foot traffic went back to levels seen right before the pandemic started in March 2020.
According to PCSU, a major credit union service organization, people used their debit and credit cards more during Labor Day 2020 than they did the year before. The organization said that credit card usage rose nearly 10 percent, while debit card usage increased at 24 percent.
The big buys were for electronics. People also bought big in home improvement stores. So, you can see why a store like Target stays open.
But if you’re out at Target or other stores during Labor Day weekend, don’t be too tempted to buy everything you see on sale. Be smart. Remember, the holiday shopping season is a marathon. Pace yourself well.
CNBC came up with a list of stuff not to buy this Labor Day. Instead, the site recommends waiting a month or more. If you want an iPhone, you might receive a better deal in October.
Plus, Black Friday now is a longer shopping season. It used to be only the day after Thanksgiving. But Black Friday Sales stretched throughout November in 2020. And sometimes, electronics are the best Black Friday deal.