What does consumer spending look like this back-to-school season?
- 37% of planned back-to-school purchases have already been completed.
- 25% plan to spend $500 or more on back-to-school items.
- 60% of back-to-school shopping will most likely be done in-store.
Read the entire study.
Why it matters.
Among those shopping for back-to-school apparel, Walmart (80%) is the most likely destination, with Amazon (61%) and Target (53%) rounding out the top three retailers. Read the entire study to see how this could impact home improvement retail.
Read the entire study.
