Major Labor Day deals could rival Black Friday

Retail Sales Up
Posted at 4:04 AM, Sep 01, 2014
and last updated 2014-09-01 04:04:00-04

(ABC News) -- If you're not headed to the beach or a barbecue on this Labor Day, it may be a good day to hit the mall.  

This year, Labor Day discounts could exceed those on Black Friday as retailers are looking to clear out inventory in advance of the fall holidays.

Sales this holiday weekend are expected to be huge -- and be available in far more product categories than usual.  

Traditional home improvement and mattress sales will be joined by blowouts on electronics, as well as clothing and accessories for kids and teens.   

Sales figures this Labor Day could be an important indicator of what retailers can expect in the upcoming holiday season.