U.S. Banks, Markets Close for Labor Day as Retailers Stay Open

Most of the nation’s core financial and government services will pause on Labor Day, Monday, Sept. 1. Banks, U.S. Postal Service offices and federal agencies will be closed, and trading on the New York Stock Exchange, Nasdaq and the bond market will be suspended for the full session. By contrast, the bulk of the consumer economy will remain open. Major retailers such as Target, Walmart, Home Depot, Macy’s and TJ Maxx say stores will operate, though hours vary by location. One notable exception is Costco, whose warehouses will shut for the holiday. Grocery chains including Kroger, Publix, Whole Foods and Trader Joe’s, as well as most national restaurant brands—among them Chick-fil-A, Chipotle and Starbucks—plan to serve customers, again with locally determined schedules. Travelers relying on private carriers can expect regular operations at UPS and FedEx, but should verify pickup times. Labor Day has been a federal holiday since 1894, honoring the economic and social contributions of U.S. workers and marking the unofficial end of summer. The first Monday in September routinely brings a three-day weekend that reshapes consumer patterns, with Americans shifting spending from financial services to retail, travel and dining.