COVID-19 reshapes and reduces back-to-school spending
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AP
Target
Mall of America
The National Retail Federation
GlobalData PLC’s
retailers’
Amazon
The NPD Group
Walmart Inc.
Sam’s Club
J.C. Penney
People
Michelle Lynn England
Jill Renslow
Neil Saunders
Marshal Cohen
John Fleming
Kohl
Andrea Tortora
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Northeast
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Parent Hub
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NEW YORK
Charlotte
North Carolina
fall.“The
England
Bloomington
Minnesota
Warrendale
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Peoria
Illinois
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Summary
The Charlotte, North Carolina, woman cut her spending on clothing in half for her 10-year-old and 14-year-old and instead spent more on masks and other supplies as a surge in coronavirus cases forced her school district to extend online learning through the fall.“The kids always looked forward to getting something new,” said England, who spent $500 in total this time around. Back-to-college spending should fall even more, with sales down 37.8% from last year as many students will be living at home and not buying dorm furnishings, he said.“It’s going to be a difficult back-to-school season,” Saunders said.
As said here by ANNE D'INNOCENZIO