8 takeaways on Back to school Back_to_School_2018_JLL_Survey_Results | Page 2

1 2 3 Parents plan to spend less on back-to- school than last year, with most budgeting less than $250 Approximately 62% of parents will spend less than $250 on back to school shopping, compared to 59% last year, and nearly 22% will spend between $250 and $500, whereas in 2017 25% budgeted this much. High spenders remain the same, with roughly 16% budgeting more than $500, both this year and last. 7 out of 10 parents will head to discount stores to shop for back-to-school Thanks to their low prices and wide selections, mass merchandise discounters like Walmart and Target were the most popular store type, with 71% of parents planning to shop there for back to school. Less than half of parents (40.4%) plan to visit online stores and marketplaces for their shopping lists. Nearly one-third (31.2%) of parents plan to shop at office supplies stores, 29.3% plan to visit department stores, and 25% plan to shop at clothing stores. Cost is the top factor for where to shop and what to buy Approximately 35% of parents rank low prices and the availability of discounts as most important. However, this is significantly down from last year, where 50% of parents considered low prices and discounts the most important factors. Ranking second in importance is buying things their children want; 15.5% of parents think it’s most important that retailers have the products their kids actually want. Wide selection of goods, quick and easy shopping and quality products were also important factors.