1. Agencies & Vendors

Back-to-school spending set for first decline in nine years because of inflation, report says

Back-to-school spending in the United States is expected to decline for the first time in nine years as consumers prioritize necessities and reduce nonessential purchases amid sticky inflation, according to a report by Deloitte. The report projects a 10% decrease in spending this year, with the average spend per child dropping to $597 and the…

View Original Article
https://retailwire.com/
Do you like RetailWire's articles? Follow on social!