Parents spending more on back-to-school shopping as costs soar: survey

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Four in 10 respondents say they are increasingly turning to discount brands and stretching their household budgets in the wake of rising prices From alicjawithaj

Parents are going to spend more on back-to-school shopping this year, according to new surveys, as costs continue to climb amid skyrocketing inflation.

According to a new Yahoo/Maru Public Opinion poll, one-third of Canadian parents surveyed say they are spending more this year for back-to-school shopping than last year, and nearly all say inflation is having an impact on school spending. A survey from the Retail Council of Canada also found that 36 per cent of respondents expect to spend more this year on back-to-school shopping, while half will spend roughly the same as they did last year. The survey of more than 9,000 Canadian adults found that a majority plan on shopping at big-box retailers, such as Costco, Walmart, Canadian Tire and Staples.

 

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