While schools, government and banks are closed on New Year's Day, most major retailers across the U.S. will be open, with many offering discounts on older inventory to clear the way for newer products.
But before you run out the door on New Year's Day to peruse deals, it’s wise to double-check your local store's operating hours, which can differ depending on their location. When in doubt, call ahead or look up more specific schedules online for stores in your neighborhood.
Here’s a rundown of what's open and closed on New Year's Day, 2026.
Government buildings, post offices, courts and schools are closed.
U.S. stock markets and banks are closed Thursday but reopen Friday.
Standard FedEx and UPS pickup and delivery services will not be available on New Year's Day, although some critical services will be offered at certain locations. Check your local store for more information.
Walmart is open on New Year's Day, but may have modified hours. Check your local store’s website for hours.
Target is open on New Year’s Day, but may have modified hours. Check your local store’s website for hours.
Macy’s is open on New Year’s Day, but may have modified hours. Check your local store’s website for hours.
Kohl’s is open on New Year’s Day, but may have modified hours. Check your local store’s website for hours.
CVS is open on New Year’s Day, but may have modified hours. You can call your local store or check store and pharmacy hours on the CVS Pharmacy website.
Walgreens is open on New Year’s Day, but may have modified hours. Check your local store for more information, including whether or not the pharmacy is open.
Most national grocery store chains, such as Albertsons, Whole Foods, Kroger and Aldi are open on New Year's Day but may have modified hours. In-store pharmacies tend to be closed for the holiday. Check your local store for details.
National chains that are closed for New Year's Day include Trader Joe's and Costco.
FILE - Shoppers wait in line to enter Macy's flagship store on Nov. 28, 2025 in New York. (AP Photo/Angelina Katsanis, File)
TEHRAN, Iran (AP) — Iran appointed a new central bank governor on Wednesday as an economic crisis sparked mass protests following a record currency fall against the U.S. dollar.
President Masoud Pezeshkian’s Cabinet appointed Abdolnasser Hemmati, a former economics minister, as the new governor of the Central Bank of the Islamic Republic of Iran, the official IRNA news agency reported.
Hemmati succeeds Mohammad Reza Farzin, who resigned on Monday, the day after the start of some of the largest protests in the country in three years sparked by the decline of the rial, Iran's currency, to a record low.
Experts say a 40% inflation rate led to public discontent. The U.S. dollar traded at 1.38 million rials on Wednesday, compared with 430,000 rials when Farzin took office in 2022. Many traders and shopkeepers closed their businesses on Sunday and took to the streets of Tehran and other cities to protest.
Hemmati's agenda will included a focus on controlling inflation and strengthening the currency, as well as addressing the mismanagement of banks, the government’s spokeswoman Fatemeh Mohajerani wrote on X.
Hemmati, 68, previously served as minister of economic and financial affairs under Pezeshkian. In March parliament dismissed Hemmati for alleged mismanagement and accusations his policies hurt the strength of Iran’s rial against hard currencies.
A combination of the currency's rapid depreciation and inflationary pressure has pushed up the prices of food and other daily necessities, adding to strain on household budgets already under pressure due to Western sanctions on Iran over its nuclear program.
Inflation is expected to worsen with a gasoline price change introduced in recent weeks.
“Any effort to turn protests over economic issues to insecurity, damage to public properties or carrying out foreign scenarios, will face...strong reaction,” Prosecutor General Mohammad Movahedi Azad was cited by the Mizanonline news outlet as saying on Wednesday.
Iran’s currency was trading at 32,000 rials to the dollar at the time of the 2015 nuclear accord that lifted international sanctions in exchange for tight controls on Iran’s nuclear program. That deal unraveled after President Donald Trump unilaterally withdrew the United States from it in 2018, during his first term.
On Wednesday, Hamed Ostevar, a local judiciary official in the south of Iran, denied a young man had been killed during a protest, Mizanonline reported.
Ostevar, who is head of justice department of southern Iranian city of Fasa, said protests had turned violent after crowds broke into the governor's office and injured three policemen. Four protesters were arrested he said.
Merchants and traders have kept their shops closed in the main bazaars of Tehran, as well as in the southern city of Shiraz and western city of Kermanshah, witnesses said Wednesday.
Protesters march in downtown Tehran, Iran, Monday, Dec. 29, 2025. (Fars News Agency via AP)
Protesters march in downtown Tehran, Iran, Monday, Dec. 29, 2025. (Fars News Agency via AP)
