BLOG: Back to School Spending Down?

Courtesy: Green Achievers Scheme

Courtesy: Green Achievers Scheme

The school supplies are out in the stores, the tax-free weekends are almost here, and in a matter of days teachers are headed back to the classrooms. It’s time for parents to start thinking “Back to School.”

For businesses, “Back to School” can mean big money. The National Retail Federation reports families will spend an average of $634.78 on school supplies, electronics, and clothes during the “Back to School” season. The number is actually down 8 percent from last year, which was a historically high spending season.

Total spending on back-to-school will reach $26.7 billion this year – and combined with back-to-college spending, it will reach $72.5 billion.
In a recent survey the National Retails Federation found parents are re-using more school-related items–like backpacks and lunchboxes–and comparison shopping.
To help out local kids in our area, you can help Stuff the Bus, an initiative by the United Way to help donate school supplies to children.
Stuff the Bus in Northwest Arkansas will be July 19th and 20th at participating Walmart locations. In the River Valley, Stuff the Bus will be July 26th and 27th. You can more information, HERE.
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