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July 14, 2023

Back-To-School Shoppers More Likely To Shop in Store, Less Wary of Finances

Posted In: Retail Articles

According to a 2023 Sensormatic Solutions survey, consumers in the United States will continue to prioritize in-store shopping as they prepare for the coming school year, with 79% of consumers planning to conduct their back-to-school shopping at brick-and-mortar locations, up from 76% in 2022 and 2021.

The company’s U.S. Back-To-School Consumer Sentiment Survey suggested that shopper financial worries related to the economy remain but are waning. Price remains a significant consideration in buying decisions, with 51% of respondents saying that they don’t plan changes to their budgets or that they will spend more or that they planned to spend more this year. In 2022 that figure was 43%. Price remains the most important factor for consumers planning to shop in-store, listed as a concern by 91% of survey respondents with product availability, at 75% and safety and comfort at 44%.

In-store promotions could influence a significant proportion of shoppers, as 30% said they would factor available deals into purchase decisions versus 24% in 2022 and 16% in 2021. 

When asked when they would most likely conduct their back-to-school shopping, consumers were almost equally split between weekdays, at 35%, and weekends, at 32%, Sensormatic noted, with 33% expressing no preference. The survey indicated that the back-to-school season’s busiest days are likely to occur between July 30 and August 26, with some regional variation. 

Finances aside, security issues may influence shopper back-to-school behavior, Sensormatic noted. Half of the survey respondents said they’ve noticed items locked up or behind glass in display cases during recent shopping experiences, and 51% said they would be unlikely to ask for assistance unlocking the item. Then 27% said that when faced with a locked item, they would look for a more accessible alternative, 17% said they would feel frustrated about the item’s inaccessibility and forgo the purchase, and 7% asserted that they would look for a different store that has the product provided in a more accessible manner. Overall, two in five shoppers said they are unlikely to purchase a product that is locked up or kept behind glass in a display case.

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