CNBC's Courtney Reagan joins 'Squawk on the Street' with the latest news on annual back-to-school sales, how tariffs are impacting prices, and more.
BreakdownGenerated by LeadStory AI
- Retailers are promoting back-to-school sales as tariffs impact family spending.
- Parents expect to spend about $570 per student, similar to last year, but inflation-adjusted spending is down. 35s
- Lower-income families plan to spend more due to higher prices, while higher-income families are reducing spending. 1m 15s
- More than half of parents are concerned about higher prices, influencing their shopping choices. 1m 29s
- Many parents are willing to switch brands or wait for deliveries to save money, with spending focused on essentials. 1m 36s