![]() ![]() Target stores will be operating under normal store hours on Labor Day. Here's a list of which retailers are open and closed on Labor Day in 2023. The holiday traces its roots back to the late nineteenth century, when labor activists pushed for a federal holiday to recognize the many contributions workers have made to American's strength, prosperity and well-being, according to the department. The holiday is "an annual celebration of the social and economic achievements of American workers," says the U.S. 4, although some will have reduced or limited hours, so it is always best to check online with your local store, as most companies have store hours that vary by location. ![]() Most major retailers will be open Monday, Sept. CNN Sans ™ & © 2016 Cable News Network.Whether you're looking to do some leisurely shopping or working on a home improvement project, you'll have plenty of shopping options this Labor Day. Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account “Food is a strength, but we’re also encouraged by our results in general merchandise versus our expectations when we started the quarter,” Walmart CEO Doug McMillon said. Walmart also said its discretionary goods like clothing, home goods and sports equipment fell last quarter, although less than expected. Shoppers have pulled back from these chains on discretionary purchases as they face pressure from higher prices and borrowing costs, retailers say. Target’s sales dropped 5.4% last quarter, while Home Depot’s dipped 2%. The retailer’s strong results contrast with Target and Home Depot’s weaker figures during their latest quarters. ![]() That’s a big benefit as customers eat more food at home and lower-priced items, said Oliver Chen, an analyst at Cowen. ![]() Around half of Walmart’s sales come from groceries and other non-discretionary products, while only around a quarter of Target’s sales are from food. Walmart sells more groceries than competitors, which has helped its sales to be more resilient. (WMT) has been attracting higher-income shoppers than in years past seeking to save money on groceries. (WMT) said its grocery sales led the way, increasing by high-single digits last quarter, and the company said it gained market share for groceries from competitors. About Time Coffee is not your typical neighborhood coffeehouse, but a tech-savvy startup backed by some of China's biggest venture firms. A worker prepares an Iced Cold Brew beverage at an About Time Coffee location in New York, US, on Tuesday, May 9, 2023. ![]()
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