Presidents Day is a day for history, celebration, and yes, bargain hunting
Explore the history of Presidents Day – from honoring George Washington to remembering all presidents on a federal holiday. Many retailers also mark the day with super sales and blowout discounts. Learn why.
When Presidents Day was established, lawmakers likely envisioned a solemn day of remembrance and patriotism to honor those who have held our nation's highest office. But today, we're more likely to mark the holiday shopping super sales than giving too much thought to our founding fathers.
So how did we get here?
Presidents Day is a federal holiday celebrated the third Monday of every February. Established in 1885 as a nationwide federal holiday in recognition of George Washington's February 22 birthday, the holiday's date shifted to its current spot on the calendar in 1971 as part of a law to create more three-day weekends for the nation's workers.
In addition, the change was seen by retailers as a surefire way to bolster sales. Presidents Day bargains were soon advertised at stores across the country.
The move away from Washington's birthday led many to believe the new date was to honor our first president and Abraham Lincoln, whose birthday is on February 12. The official name of the holiday remains Washington's Birthday, according to the federal government, although the term "Presidents Day" is now widely adopted as the name of the holiday and the day we celebrate all U.S. presidents.
Despite the changes over the years, the essence of the holiday remains the same – to honor and remember the leaders who have shaped the history and future of America.
Celebrating Presidents Day today
Presidents Day is celebrated across the country with various activities. Schools often hold educational events and activities for students to learn about the history of American presidents and their contributions. Some communities host reenactments and other productions, organize parades, and hold other patriotic celebrations and remembrances.
As a federal holiday, banks and government offices are typically closed in observance of Presidents Day. The post office does not deliver mail and the New York Stock Exchange and NASDAQ are closed for trading. Nonessential government employees and some private sector workers have the day off.
Get the most from Presidents Day sales
Of course, Presidents Day is also known for its deals. Retailers often offer significant discounts on a wide range of products, making it a prime opportunity to save on big-ticket items, including large appliances, mattresses, electronics, and furniture.
How do you find the best deals? Start by researching online. Many retailers begin advertising their sales events weeks in advance, giving you plenty of time to compare prices and plan your purchases. Consider shopping at multiple stores to take advantage of different sales.
Signing up for emails from your favorite retailers is a good way to stay informed about upcoming sales. and you may receive exclusive discounts. Some stores offer exclusive discounts and additional savings for loyalty program members and subscribers.
But just because something is on sale doesn't mean it's a good deal. Compare prices and read reviews to help ensure that you're truly getting the best value for your money.
Snap Finance can help
If less-than-perfect credit is keeping you from taking advantage of Presidents Day deals, Snap Finance can help. Snap-branded products include retail installment contracts and lease-to-own financing. Perfect credit not required.(1)
Find a participating store near you now.
Snap-branded product offering includes retail installment contracts and lease-to-own financing. Some product offerings are not available in all states or store locations.
(1) Not all applicants are approved. While no credit history is required, Snap obtains information from consumer reporting agencies in connection with submitted applications, and your score with those agencies may be affected.