Veterans Day, observed annually on November 11, honours U.S. military veterans. This year, it falls on a Monday. As a federal holiday, it impacts the operations of many businesses, services, and government offices. Below is a breakdown of what to expect on Veterans Day, with a focus on essential services, retail operations, and special offers.
Are Banks Open on Veterans Day?
Veterans Day is a federal holiday, meaning banks are generally closed. Most major banks, including Bank of America, JPMorgan Chase, Wells Fargo, and Citibank, shut their doors for the day. The Federal Reserve also observes the holiday. Although bank branches are closed, ATMs and online banking services remain operational.
For investors keeping an eye on the stock market, including those tracking TSLA stock, there are no banking operations to worry about, but the market’s schedule may still affect trading strategies.
Mail Delivery: What’s Affected?
The U.S. Postal Service (USPS) does not operate on Veterans Day. Retail post offices will be closed, and no mail will be delivered to residential or business addresses. P.O. Box services are also unavailable on this day. Mail services resume as usual on Tuesday, November 12.
However, private delivery companies, such as Amazon, FedEx, UPS, and DHL, continue their operations on Veterans Day. While delivery may be limited to some extent, they remain functional, ensuring that packages are still delivered to customers.
What About Government Offices?
All federal offices will be closed in observance of Veterans Day. City and county offices typically follow the same schedule, closing their doors for the day. If you had any pending government transactions, you may need to plan for delays.
Schools: Are Classes in Session?
Many school districts across the U.S. close their doors for Veterans Day, but this is not a requirement. The decision to close schools is up to the individual district. Parents are advised to check with their local school districts for confirmation of whether their child’s school will remain open.
Trash Collection: What’s the Schedule?
Trash collection schedules may vary by location. In some areas, trash pickup continues on Veterans Day, while in other places, it is postponed. Residents should contact their local waste management provider to confirm whether or not service will be interrupted.
Retailers: What’s Open?
While many offices and services close for the holiday, retail stores generally stay open. Major retailers like Walmart, Target, and Costco will operate during regular business hours. The National Retail Federation reports that most large grocery chains, including Food Lion and Publix, will be open as well.
Some retailers also take advantage of the day to offer discounts. Veterans Day is a popular time for military members and their families to shop, thanks to deals and promotions. For example, Bob Evans offers a free dinner to veterans, and Starbucks provides free coffee to veterans and military spouses.
Retailers such as Target and Sizzler also offer military discounts, with up to 10% off on groceries and meals. For those interested in trading stocks like TSLA stock, it’s a good opportunity to check if any retailer promotions influence consumer spending, potentially affecting stock performance.
National Parks: Free Entry for Veterans
On Veterans Day, national parks across the U.S. waive their entrance fees. Not only are these parks open to the public, but military veterans and active-duty service members can visit for free all year round with proof of service. For those looking for a relaxing holiday activity, it’s an ideal time to explore the natural beauty of the country.
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Stock Market Operations on Veterans Day
Although federal offices and most businesses close, the U.S. stock market remains open. The New York Stock Exchange (NYSE) and Nasdaq do not observe Veterans Day. Investors holding stocks, including TSLA stock, can expect the market to function as usual.
However, the bond market closes for the holiday. Investors who track bond markets should prepare for this brief interruption in trading. While stock market trading remains unaffected, those investing in bonds may need to account for this holiday closure in their trading strategies.
Special Deals and Discounts for Veterans
Veterans Day is a significant day for military service members, with many businesses offering discounts and freebies. Popular restaurant chains like Sizzler provide free meals to veterans, while retailers like Food Lion and Publix offer discounts on groceries. Coffee shops, including Starbucks, will serve free coffee to military members and their families.
Veterans and military spouses can also take advantage of special deals at various stores. Proof of military service is usually required to claim these benefits.
Conclusion
Veterans Day is a federal holiday that affects a wide range of services and operations across the U.S. While many government offices and banks are closed, private services like package delivery continue as usual. Retailers and national parks remain open, and special discounts for veterans make it a day of appreciation. Whether you’re planning to shop, visit a national park, or track investments like TSLA stock, it’s important to be aware of the holiday’s impact on your routine.
This year’s Veterans Day provides an opportunity for businesses to honour those who served, while also offering significant discounts for military members and their families
