MLK Day 2014
Many stores and restaurants are offering sales and discounts on Monday, Jan. 20 for Martin Luther King, Jr. (MLK) Day. Reuters

While America commemorates Dr. Martin Luther King Jr. on Monday, many retailers are dreaming of dollar signs.

The day to honor King’s legacy has been a federal holiday since the 1980s, with many banks, schools and offices closed for the day. And stores and restaurant chains see an opportunity to cash in by offering sales and deals, just as has been done with holidays like Memoral Day, Labor Day, Thanksgiving and Christmas.

“In the United States, holidays do get commercialized,” Steve Klein, spokesman for the King Center in Atlanta, the institution established by King’s widow Coretta Scott King, told MarketWatch.

MarketWatch also added that it’s unclear how much MLK Day has driven sales since it became a federal holiday in 1986, because the National Retail Federation does not track sales figures for that date. But a spokesperson for GoBankingRates.com said retailers are offering sales more often as the years go on.

The site also said the MLK holiday is a great time to buy furniture, with huge discounts from both major and pop-and-pop retailers. It’s also a day where admission to all of the country’s national parks is free. A full list of parks around the U.S. is available on the National Park Service website. Many restaurants also offer coupons and discounts for that Monday.

Here is a roundup of the best sales and deals at your favorite stories and restaurants for Monday, Jan. 20.

APPAREL

Aeropostale: Up to 70% off and extra 30% off using coupon code EXTRA30; 50% off entire purchase using coupon code WINTER50.

Ann Taylor: Up to 70% off sale items

Banana Republic: 40% off entire purchase using coupon code BRSAVE40.

Bloomingdales: Up to 75% off sale online plus an extra 15% off using coupon code TAKE15

Delias: Buy one get one free on clearance items using coupon code MLKFREE

Express: $25 off every $75 spent and free shipping with coupon code 1017

Forever 21: Extra 50% off sale items using coupon code EXTRA50.

Gap: 30% off sale items using coupon code GAPBONUS

JCPenney: 20% off site wide and an extra 25% off clearance with coupon SAVNJAN.

J. Crew: 40% off final sale items using coupon code FUNSALE

Kohl’s: 20% off orders $100 or more using coupon code SNOW; 15% off orders under $100 using coupon code FLAKE; $10 Kohl’s Cash for every $50 spent through Jan. 20.

Macy’s: Up to 15% off everything using coupon code WKND

New York & Company: $50 off orders of $100, $100 off orders of $200, buy one get one half off new arrivals.

Old Navy: 20% off clearance and free shipping using coupon code ONSAVENOW

Payless: 15% off regular priced items using coupon code ZZSAVE15

Sears: $35 off purchases of $300 or more and free shipping using coupon SEARS35OFF300

OTHER

Bath & Body Works: 20% off all online orders using code BBW20OFFJAN

Samsonite: 20% orders of $100 on select products; Free shipping on purchases of $99 or more using coupon MLKOFFER

West Elm: 15% off clearance using coupon code LNGWKND

RESTAURANTS

Burger King: Free small hot coffee with purchase of a breakfast sandwich.

Domino’s: 50% off any regular-priced pizza using coupon code 50OFF through 1/19.

IHOP: All you can eat pancakes for a limited time.

Papa Johns: Buy a regular-priced large or extra large pizza and get a second for $.30 with coupon code P1ANV.