Thrifty Is The Latest Back-To-School Trend
Mon Aug 3, 2009, 7:05 am | Leave Comment
There is an article in The Baltimore Sun by Mae Anderson The Associated Press August 3, 2009.
Excerpts from the article
Stores are doing more than ever to win business this back-to-school season — lengthening it; focusing on more T-shirts, lower-priced jeans and other basics; and promoting 50-cent boxes of pens and outright giveaways to get people in the door. The high hopes come as retailers work through one of the bleakest years in memory, beset by a steep consumer pullback amid the recession.
Families are expected to spend 8 percent less on back-to-school, including everything from new shoes to dorm room gear, the National Retail Federation forecasts. It expects total spending of $47.5 billion.
By now, retailers are well aware that trendy is a tough sell this year and price is key. That means more basics like T-shirts and low-priced jeans.
In a Nutshell
I do my shopping at Salvation Army store in town. Not only for the things I need but to help them as well.
Read the article in full: “Thrifty is the latest back-to-school trend“.
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