Commentary

Suit Up For School

According to the NPD Group annual back-to-school study of consumers' purchasing intentions for the 2012 season, consumers intend to spend more this year, but will start their shopping a little later.

Back to School Shopping Time Frame (% of Respondents)

 Expect to Shop

2012

2011

By August 1st

37%

38%

By September 1st

58%

57%

Source: The NPD Group, July 2012

 

Planned Back-to-School Overall Spend (% of Respondents)

Spending Expectation

2012

2011

More

31%

22%

Less

24%

38%

Same

46%

40%

Source: The NPD Group, July 2012

Marshal Cohen, chief industry analyst, The NPD Group, says that “... retailers should... see a rise in sales when the temperature drops... the summer heat wave... is a possible contributor to the delay in back-to-school shopping... ” 

The type of retail outlets consumers intend to shop in has shifted, says the report.  As a result, apparel, apparel accessories, footwear, school bags, sports equipment, and calculators will receive more attention. 

Planned Back-to-School Shopping Locations (% of Respondents)

Shopping Location

2012

2011

Department Stores

26%

20%

Footwear Specialty

25%

18%

Online Shopping

16%

16%

Apparel Specialty Retailers

15%

13%

Warehouse Clubs

13%

14%

Sporting Goods Stores

7%

4%

Catalog

3%

5%

Source: The NPD Group, July 2012

 

Expected Back-to-School Shopping Category Spend (% of Respondents)

Shopping Category

2012

2011

School Supplies

78%

77%

Apparel

62%

58%

Footwear

55%

45%

School Bags

43%

30%

Electronics

26%

27%

Apparel Accessories

19%

17%

Calculators

11%

8%

Sports Equipment

6%

3%

Source: The NPD Group, July 2012

Cohen says “... in the early stages, school supplies and electronics will do well... when school is back in session apparel and footwear will... drive shoppers to department, sporting goods, and specialty stores..." 

The study shows consumers expect value to remain a key factor in their back-to-school shopping decisions.  Shoppers plan to listen to students for reasons to purchase an item, illustrating kids’ influence on these seasonal shopping trips. 

Back-to-School Items Reason For Purchase (% of Respondents)

Reason For Purchase

2012

2011

Value

79%

82%

Required

56%

45%

Child Wanted It

28%

22%

Replacement

26%

30%

Trendy/Fashionable

15%

12%

Influenced by Friends

2%

2%

Source: The NPD Group, July 2012

Cohen observes that “... parents will be going... ‘back to school for shopping’... to learn what the trendy/fashionable articles are that students want... “

For additional information from the NPD, please visit here.

 

 

Next story loading loading..