Last year's backpack: Tapped out households are struggling to pay for back to school purchases

Last year’s backpack: Tapped out households are struggling to pay for back to school purchases

Mid-July is typically when shopping for necessities such as clothes, shoes, backpacks, classroom supplies and gadgets for the new school year gets underway in earnest. But as high inflation takes a bigger bite out of budgets, many households are scrambling to afford these annual purchases for their children. “For this back to school season, we’re …

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