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Labor Day Monday 2014: What's open, closed and what you should avoid buying

Labor Day 2014 is upon us, and now's the time to find out what's open, what's closed, and what things we shouldn't open our wallets for while shopping. Labor Day signals the unofficial end of summer, a time when many of us take that one last trip, or head to the retail outlets for sales.

Shoppers flock to Labor Day sales on Monday, but what places are open, which are closed, and what should you avoid buying?
Photo by Justin Sullivan/Getty Images

Labor Day Monday closings can vary by state, even though it is a Federal holiday, so the best way to find out what's open or closed in your state is to visit their website. Since Labor Day Monday if an official Federal holiday, government offices at all levels are closed, according to SavingAdvice.com on Aug. 30.

Below are the lists of which establishments are open and which are generally closed. Remember, a quick phone call or visit to a website can save you a wasted trip.

Liquor stores openings and closings vary widely, from state to state and even town by town. You can contact your local law enforcement officials, or click here to find you state's Alcohol Beverage Control Board.

Here's a list of what places are open on Labor Day Monday:

Retail Establishments: Most major retailers such as Walmart, Macy's and Target are open. One exception is Costco. Just remember, if you buy something due to a great sale price that you weren't intending to purchase, you really haven't saved any money.

Drug Stores: The three major drug store chains, CVS, Walgreens and Rite-Aid are open. Smaller chains and locally owned pharmacies may be closed or open under shorter hours so check ahead.

Grocery Stores: Most major chains are open on Labor Day, though some may have shorter hours. Check ahead especially if you intend to shop early or late.

Restaurants: Most restaurants remain open on Monday, Sept. 1, with the exception of those that are usually closed on Mondays. However most major chain restaurants will be open.

Now here's a list of what places are generally closed on Labor Day:

Most government offices are closed. All non-essential federal, state and local government offices are closed in observance of the Monday holiday.

However, government facilities which have been deemed as essential to safety and security will remain open. Police departments and Fire stations fall into this category.

Post offices are all closed and no mail will be delivered on Sept. 1. Most libraries also close in observance of the holiday.

Schools which have already started their academic year are all closed due to the federal holiday. Most private schools also close in observance.

The stock markets are closed. This tends to drive many businesses and financial institutions that depend on their being open.

Most banks and credit unions will be closed, however it's still worth checking, especially if you use a local or smaller institution. Of course, you can still typically complete transactions online or at an ATM.

Garbage pick-up is usually pushed back one day. An exception may be if you use a private service so check ahead.

Now if shopping is on your agenda, there are some rules you should consider. Certain items should not be part of your Labor Day purchases, according USA Today.

Avoid buying electronics, such as computers, televisions, laptops, video game systems, camcorders, digital cameras or GPS navigation systems. Their best prices occur during the Black Friday sales at Thanksgiving time.

Fall clothing won't be at it's lowest price until deeper in the season. Retailers are more interested in clearing out their summer inventory at this time.

Toys won't reach their lowest deals until late in the Christmas shopping season, especially when talking about the hot items on kid's wish lists. The best deals on existing models come in October and November, as stores want to make space for the latest and greatest.

Patio furniture, outdoor accessories and pool supplies don't hit their rock bottom until late in September. That's when stores become desperate to make room for winter items.

It may be tempting to get a head-start on cookware and small appliances for the upcoming holiday season, but try to hold off a bit. The best prices on these items won't happen until November and December.

Also check out the video at the top of the article for some more shopping tips. Hope this helps, and everyone have a great and safe holiday!