Presidents Day is a national holiday that falls on Feb. 15 this year. It is officially recognized by the U.S. government as George Washington's Birthday, but many states also celebrate other presidents during this day.
Since Presidents Day is a federal holiday, the New York Stock Exchange, NASDAQ and SIFMA are all closed, meaning many U.S. workers have the day off. Consequently, this holiday has turned into a huge three-day weekend for retailers and many offer highly competitive Presidents Day sales to entice customers.
Maximize Your Savings on Presidents Day
"Department stores typically offer the biggest discounts during Presidents Day weekend," said Mark Mazza, co-founder and CEO of online deal site PromoCodeWatch.
According to Mazza, big ticket items are usually the most deeply-discounted items on Presidents Day weekend. In 2015, he said retailers offered up to 80 percent off furniture and home appliances, and savings for apparel averaged 60 percent, with the biggest markdowns on winter apparel.
"Electronic deals are not as prevalent with the exception of HDTVs," Mazza said. "Presidents Day is one of the best times to get a TV. The Super Bowl will have come and gone, so many stores like Walmart and Best Buy will offer name brand TVs at their lowest prices of the year."
To maximize your savings, Mazza recommended shopping for Presidents Day deals at department stores that allow coupon stacking, such as Target and Kohl's. GOBankingRates also found some of the best Presidents Day freebies and sales for 2016 with the help of PromoCodeWatch, RetailMeNot and DealsPlus.
9 Presidents Day Sales on Jewelry, Apparel, Travel and More
Don't miss these Presidents Day online sales and in-store discounts from many of your favorite retailers.
- Aeropostale: Use code FACTORY10 to get an extra 70 percent off plus an extra 10 percent off through Feb. 17.
- Amazon: Get up to 70 percent off plus an extra 20 percent off $100 shoes and accessories with code SHOEPRES through Feb. 20.
- CheapFlightNow.com: Save $15 off flights with code CFNAIR15 through Feb. 17.
- H&R Block: Save 40 percent off tax preparation services.
- Kohl's: Kohl's cardholders receive an extra 30 percent off and free shipping with codes HUGS30 and FEBMVC at checkout.
- Nordstrom: Save 40 percent off Presidents Day clearance through Feb. 22.
- Sierra Trading Post: Use code ALTHIRTY5 to save 15 to 30 percent plus an additional 30 percent through Feb. 16.
- Tommy Hilfiger: Code FEB4YOU15 will save you 15 percent off your order through Feb. 28.
- Zales: Get up to 30 percent off Valentine's day gifts and save an extra 10 percent on clearance styles that are already reduced by 60 percent.
8 Presidents Day Furniture Sales
Check out these Presidents Day furniture sales to score deep discounts on many big ticket items.
- Ashley HomeStore: Use code AHSPRES10 to save up to 25 percent on sale items and get an extra 10 percent off all sofas, sleeper sofas and more.
- Cabela's: Save up to $500 on furniture during the store's Presidents Day sale.
- Macy's: Use your Macy's credit card or savings pass to take an extra 15 percent off select sale and clearance home items, or save an extra 10 percent on select sale clearance furniture, mattresses and area rugs through Feb. 15.
- Overstock.com: Get up to 70 percent off plus 10 percent off furniture, rugs and bedding.
- Sleepy's: Enjoy savings of up to 50 percent off every mattress.
- Sears: The Sears Presidents Day mattress sale offers savings up to 60 percent, plus free shipping.
- Williams-Sonoma: Get up to 75 percent off winter clearance and free shipping with code FREESHIP through Feb. 17.
- World Market: The store is offering free shipping on purchases of $125 or more through Feb. 28.
4 Presidents Day Appliance and Electronics Sales
Use these Presidents Day appliance sales and electronics sales to cut costs on washers, laptops, TVs and more.
- Best Buy: Get up to 25 percent off major appliances through Feb. 28 at Best Buy. If you're looking for Presidents Day TV sales, you can get up to 25 percent off HDTVs, including brands like Samsung, Insignia, Sharp and more. The best deals are on 42" to 55" LCD televisions, according to Mazza.
- Dell: The company is offering up to 42 percent off PCs, laptops and electronics through Feb. 17.
- Home Depot: Get up to $300 off appliances costing $396 or more. Check your local Home Depot ad for more details.
- Sears: Get up to 40 percent off Kenmore home appliances, including refrigerators, washers, dryers, ovens and more.