Welcome | View My Profile | Sign Out
MediaPost Home About MediaPost Privacy/Terms Media Kit Sitemap
Publications Home News
Online Media Daily Media Daily News Marketing Daily Mobile Marketing Daily Search Marketing Daily
Daily Feed> Email Daily Feed> Video Daily Feed> Social
Online Blogs
Online Spin Email Insider Search Insider Behavioral Insider Online Publishing Insider Mobile Insider Video Insider Gaming Insider Performance Insider Metrics Insider Social Media Insider Just An Online Minute Daily Online Examiner Raw Blog
Media Blogs
Research Brief Diane Mermigas:On Media TV Watch TV Board Magazine Rack Media Creativity Notes From the Digital Frontier Digital Outsider Mad Blog Red White and Blog
Marketing Blogs
Engage:Hispanics Engage:Kids 6-11 Engage:Moms Engage:Boomers Engage:Gen Y Engage:Teens Marketing:Green Marketing:Sports
Magazines
OMMA Magazine Media Magazine
Subscribe
Feedback Loop RSS Feeds Archives Subscribe
Feb 24 OMMA Metrics Measurement (NYC) Feb 25 OMMA Behavioral (NYC) Mar 17 OMMA Global (San Francisco) Apr 14 Search Insider Summit (FL) Apr 18 Email Insider Summit (FL) Apr 27 Outfront Conference (NYC) May 12 OMMA Mobile (NYC) May 13 Digital Out-of-Home Awards (NYC) Jun 15 OMMA Video Jun 16 OMMA Publish (NYC) Jun 17 OMMA Social (NYC)
Recently Concluded Events
Jan 26 OMMA Social (San Francisco) Jan 25 OMMA Performance (SF) Jan 12 MEDIA Agency of the Year 2009 (NYC) Jan 11 OMMA Agency of the Year 2009 (NYC) Dec 6 Email Insider Summit (Utah) Dec 2 Search Insider Summit (Utah) Nov 3 OMMA Adnets (NYC) Oct 30 OMMA Video (LA) Oct 29 OMMA Mobile (LA) Oct 29 OMMA Mobile & Video (LA)
All MediaPost/OMMA Events Event Blogging Past Event Videos
Industry Events Calendar
2010 Digital Out-of-Home Awards
2010 MEDIA Agency of the Year 2009 2010 OMMA Agency of the Year 2009 2009 Creative Media Awards 2009 OMMA Awards 2009 Digital Out-of-Home Awards 2009 Media Agency of the Year
All Awards
Employment Situations Wanted Services Offered Post a Job
Briefs Reports Online
MediaPost Directories
Mobile Insiders Group
People Finder Edit My Profile View My Profile My Contacts My Calendar
HOME • MANAGE SUBSCRIPTIONS • MEDIA KIT
Back To School: Parents Shop Earlier; Teens Cut Way Back
by Sarah Mahoney, Thursday, July 24, 2008, 5:00 AM

SHARE

TOOLS

RELATED ARTICLES
TAGS:  Retail

MOST READ

pencils and notebooksDetermined to be back-to-school bargain hunters, two new surveys show, parents are shopping earlier. And while they're spending more on things like electronics, they are holding the line on basics.

The National Retail Federation's 2008 Back to School Consumer Intentions and Actions Survey, conducted by BIGresearch, polled more than 8,300 families and found that 46.4% plan to start shopping at least three weeks before school opens, up from 45.2% in 2007.

And a survey from the International Council of Shopping Centers, with a sample of more than 1,000 households, reports that 78.5% expect to wrap it all up in July and August, compared to 72.7% in 2007, or 69.5% in 2006.

The NRF survey predicts that the average family with school-age children will spend $594.24 on back-to-school purchases, compared to $563.49 last year--with total back-to-school spending for kindergarten through 12th grade estimated at $20.1 billion. And the ICSC is looking for family expenditures of just over $400, with 38% saying they plan to spend more than last year and 15% reporting they will spend less.

The NRF, which says 20% of parents have set aside a portion of their stimulus check for back-to-school purchases, says purse strings will be loosest in the electronics aisle, with average spending of $151.61 there, up from $129.24 last year.

But a surprisingly weak spot is the college market, with teens saying they will cut back on spending by 7% this year to $599.38 per person this year, compared to $641.56 per person last year, for a total of $31.26 billion. While electronics will still get the largest portion of their budget, spending will drop to $211.89 per person from $258.43 last year. Spending on clothing and dorm furnishings will also slip, and only one category--school supplies--will increase.

The survey also found that more students are cutting costs by living at home, with 54.1% of college students commuting to campus from their parents' houses this year, up from 49.7% last year.




AUTHORS

ARCHIVES

Recent Marketing Daily Articles
Multiple Dynamics Drive Hormel Umbrella Campaign    
The campaign's emphasis on the quality/trust factors of products under the Hormel umbrella -- sans direct...
Facebook, Victoria's Secret Big With Online Shoppers   
"What surprised us most was how many customers say they really wanted to hear about sales...
Tech Firms Lead In Media Value Measure    
General Sentiment's Media Value report is composed of brand chatter that is used to determine what...
Return On Objective Key In Sports Partnerships    
Target was also involved in building a NASCAR team's headquarters and regularly sends its IT staff...
24 Hour Fitness Effort Builds On Olympics    
"Our new strategy going forward is not about using athletes for athletes' sake but to tie...
Simmons Asks Consumers To 'Tweet For Sleep'    
"We've already seen an increase in our Twitter followers, and we'll continue to connect with these...
ANA: Fewer Foresee Death Of TV Spot In Decade   
There was also a high level of interest in branded entertainment and interactive TV in the...
Super Bowl Ball Now In Marketers' Hands   
Hyundai put its commercials on touch-screen kiosks in dealer showrooms, but not just for consumers. "It's...
Most Meaningful: Snickers. Least: GoDaddy    
According to Andrew Graff, CEO of Allen & Gerritsen, "The ads that were most meaningful were...
Private-Label Growth Outpacing Brands    
"Wine is a highly fragmented category, and we believe that in many cases, consumers are not...
>> Marketing Daily Archives 
ABOUT MEDIAPOST • MASTHEAD • MEDIA KIT • RSS FEEDS • PRIVACY/TERMS & CONDITIONS
©2010 MediaPost Communications. All rights reserved.
1140 Broadway, 4th Floor, New York, NY 10001
tel. 212-204-2000, fax 212-204-2038, feedback@mediapost.com