Why Back-to-School Shopping in July Can Save You a Lot of Money - Valley News Live - KVLY/KXJB - Fargo/Grand Forks

Why Back-to-School Shopping in July Can Save You a Lot of Money

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It's understandable if your school-age children don't want to think about having to head back to class soon, but retail experts say it can pay off in a big way for moms and dads.  

Back to school shopping is a $72-billion dollar industry, which is why some stores got an early jump on sales this summer, but after this weekend it's no longer considered early.

Dan Diclerico is the senior editor with Consumer Reports. He says, "this is really the weekend the crowds are gonna start to gather." He says, "in August, the deals are gonna change." 

However, a downward change in the economy is behind a National Retail Federation finding that one in five families actually plans to spend less this year.
That explains why competition among retailers has already heated up. 

Diclerico says that are really deep discounts on wardrobe basics. He expects blue jeans, socks, underwear and sneakers will be heavily discounted.

Dan Diclerico just wrote about back to school sales this summer and came up with a lot to like especially for college students. He says, "Target and Wal-mart for example both have huge, very targeted campaigns." He adds, "we're seeing some fantastic deals on small appliances." He says there are great deals on things like personal blenders, pod coffee makers... things that are very popular with college students.

Experts also say prices on electronics have also been slashed 30-50%, and that includes computers, tablets and cell phones.

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