Whether you’re firing up the grill, lighting up the sky with fireworks, or taking a road trip over the 4th of July weekend, inflation has likely been an unwanted guest.
The big picture: Prices for most 4th of July staples are up 36% from last year recent survey from the American Farm Bureau Federation, reports Julia Shapero of Axios.
By the numbers: Numerator Independence Day Report found that 84% of consumers surveyed intended to celebrate the holidays, but 53% said inflation had an impact on those plans.
- The data and technology firm’s survey showed consumers cutting back on restaurant meals and fireworks (29%), meat or seafood (25%) and holiday decorations (24 %).
- The average cost of a summer barbecue for 10 people this year is $69.68, up 17% from 2021, according to the Farm Bureau survey, which highlighted chain issues. supply, inflation and the war in Ukraine for price increases.
- Bruce Zoldan, CEO of Ohio-based Phantom Fireworks, said prices for Axios fireworks are up 25-30% from a year ago.
Stock exchange, banks, USPS, Costco closed July 4
What is happening: Most national retailers are open on Mondays and have sales throughout the weekend.
- The numerator found that 88% of consumers plan to shop in-store over the holiday weekend, and 62% plan to buy items on sale.
- Store hours may vary and expect many retailers to close early on Monday, including grocery chains Trader Joe’s and Aldi.
Meanwhile, US stock markets, banks and the USPS are closed on Monday and most pharmacies will not open either.
- Costco Wholesale Clubs are closed on federal holidays such as New Year’s Day, Easter, Memorial Day, Labor Day, Thanksgiving, and Christmas.
Target opened on July 4 and offering a military discount
The bottom line: Target is offering a military appreciation discount for active duty military, veterans and military family members outside of its annual Veterans Day savings. The National Guard and reservists are also included.
- Verified military members will get 10% off up to two separate transactions, online or in-store, through July 4.
- To get the discount, log in to target circle and confirm your military status with a document, such as a veteran’s ID card.
Krispy Kreme offers free donuts
Free Alert: If you wear red, white and blue, you will receive a free donut at participating Krispy Kreme stores.
- There is a limit of one free donut per person.
- Until Monday, Krispy Kreme has its “I Heart America Collection” featuring four patriotic donuts.
- The chain is also offering a free offer for a one-time purchase on its original glazed donuts through Monday.
7-Eleven: How to Get Free Slurpee Drinks
Brain Freeze Time: The world’s largest convenience store chain has started celebrating his 95th birthdaywhich is July 11, with free and discounted Slurpees.
- New and current members of the 7Rewards and Speedy Rewards apps can get a free little Slurpee from July 1-11 with a coupon added to their loyalty accounts.
- 7-Eleven is offering $1 Slurpees for the summer at participating locations.