Memorial Day, falling on the last Monday of May, is the unofficial start of summer where many students and office workers enjoy a day off. This federal holiday honors members of the US armed forces who died serving their country in wars, with this year’s Memorial Day falling on May 27. Many national retailers will be open on Memorial Day, including Walmart and Target. However, some stores, such as Costco, will be closed so it’s important to check with local grocers and retailers for any closures or modified hours.
In terms of financial markets, the New York Stock Exchange and Nasdaq will not be trading on Memorial Day. In addition, since it is a banking holiday, the Federal Reserve and most major banks will be closed. However, ATMs and online banking services will still be available for use. The United States Postal Service will not be delivering mail on Memorial Day, and most UPS shipping services will also not be available. Limited UPS stores will be open and UPS express critical will be available for emergency shipments. FedEx services will also be closed, with the exception of custom critical services for urgent, sensitive, or potentially hazardous shipments.
Food Lion locations will be open during regular hours on Memorial Day, as will most of the grocery stores under Kroger. However, Aldi stores will be operating on limited hours. It is important to check with individual grocery stores for their hours of operation on Memorial Day. While most national retailers will be open on Monday, some stores, such as Costco, will be closed. It is recommended to verify the operating hours of local grocers and retailers to ensure they will be open on Memorial Day.
Overall, Memorial Day is a time to honor and remember those who have died while serving their country in the US armed forces. While many businesses and retailers will be open as usual on Memorial Day, some financial markets, banks, and shipping services will be closed in observance of the holiday. It’s important for individuals to plan accordingly, especially if they need access to specific services that may be impacted by closures on Memorial Day.
