"Smart Strategies for Saving on Back-to-School Expenses"

Parents in the U.S. are expecting higher back-to-school expenses this year due to inflation, with 75% of respondents planning to spend more on school supplies and new clothes compared to last year, according to a survey by ICSC. The average spending on back-to-school items is projected to be $969, with electronics being the highest expense at $260. The survey also revealed that inflation and rising prices will influence purchasing decisions, with seven out of 10 parents planning to shop at discount stores. Despite concerns about inflation, retailers are optimistic about a successful back-to-school season.