What a bargain! - KLFY News 10

What a bargain!

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Labor Day not only brings a three day weekend for many, but it's also the time for major sales from retailers.

With some stores offering forty, fifty and even sixty percent off their merchandise, many retailers say this is the perfect time to clear off their shelves of any leftover summer items. And with consumers on the hunt for a bargain, retailers say Labor Day weekend sets the tone for the rest of the year.

Kiki Frayard, owner of the retail store Kiki in River Ranch, says many people who come out looking for a bargain will then get a chance to see their fall and winter merchandise. Frayard says that helps attract customers later in the season.

Financial Strategist with Hodges Capital, Clark Hodges says what happens during the Labor Day shopping weekend will also help drive out people over the holiday season. Hodges says retailers will do advertising to make sure consumer remember to come back over the next few months.

For retailers, most of their yearly profits are made between Labor Day and New Year's. 

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