Back-to-school shopping trends in the U.S.
As back-to-school shopping season kicks off in the U.S., many consumers are already purchasing supplies for the upcoming school year. The National Retail Federation reported that more than half of consumers have started their shopping, with total spending expected to reach $38.8 billion. It’s important for shoppers to be mindful of their household budgets and do some research before making purchases.
Types of back-to-school supplies
Back-to-school supplies vary depending on the age of the student. For example, college shopping may include items such as laptops, clothing, and shoes. Additionally, parents are also facing costs related to extracurricular activities, with 86% signing up their children for various programs. On average, the cost of supplies, including fees and equipment, amounts to $582 per child according to a Deloitte survey.
Cost-saving tips for back-to-school shopping
When it comes to back-to-school shopping, it’s essential to look for ways to save money. Here are some tips to help you stretch your budget:
- Research your options, including offers, discounts, and price comparisons.
- Ask teachers which supplies are immediately needed and which can be postponed.
- Look for student discounts offered by retailers and brands.
- Take advantage of sales tax holidays, if available in your state.
- Consider shopping at wholesale clubs for bulk purchases.
- Monitor sales after shopping and inquire about price adjustments if items go on sale.
By following these tips, you can make back-to-school shopping more affordable and efficient for your family.