Morning Business Report: Labor Day sales already underway on clothing, appliances, and furniture

For cash-strapped customers, Labor Day could be a good time to score a deal. Labor Day sales are already underway for summer clothing, appliances, and outdoor furniture.

Retailers have a glut of inventory and are discounting items to clear out space for holiday goods.

Select U.S. movie theaters will offer $3 movie tickets next Saturday in honor of National Cinema Day.