Labor Day sales always extend past Labor Day and could be very good this year. This is because retail management gets very nervous about high inventory levels this time of year.
Good retail companies are driven by turn. Right now, summer inventory must be liquidated and holiday inventory is on order, being shipped or already received. But the holiday sales have not yet materialized. Ergo, high inventory commitments and not so high sales.
So if you’re a consumer, watch the sale events. This is one of the best times to shop for anything from automobiles to sheets and towels.