This year, the holiday falls on Monday, Jan. 20. It's a federal holiday, which means government agencies, banks and many corporate offices will closed for the day.

While most government functions will not be operating on Monday, most grocery stores, big box stores and restaurants will remain open. Major chain stores such as Target, Costco, Walmart, The Home Depot, Jewel-Osco and Mariano's will remain open on the holiday.

Monday won't only be Inauguration Day; it's also Martin Luther King Jr. Day. See what to know about holiday, as well as what will be open and closed.

Family and others carrying on Martin Luther King Jr.'s legacy of equality, justice and nonviolent protest want Americans to remember that Monday's holiday is really about helping others.

The civil rights icon had visited Temple Beth-El in 1967 and delivered a speech in which he denounced inequality, violence on the domestic front and conflict overseas in Vietnam.

Jan. 20 marks Martin Luther King Day, a federal holiday, which just so happens to coincide with Inauguration Day this year, both listed as federal holidays.

On the third Monday of the month, federal, state and local governments, institutions and various industries recognize Martin Luther King Jr. Day.

Monday is MLK Day, and many businesses and services are closed in observance of the federal holiday to honor the civil rights icon.

While Inauguration Day will be the focus for many on Monday, it also marks the observance of Martin Luther King Jr. Day, a federal holiday.

In a rare happening, the King holiday falls on the same day as the presidential inauguration. Activists vow to continue the fight for civil rights.

Hundreds of volunteers gathered in north Charlotte on Saturday to honor Dr. Martin Luther King Jr.'s legacy through United Way of Greater Charlotte's annual MLK Call to Service event, assembling thousands of snack kits for local nonprofits and after-school programs.