Thanks for Visiting!

Register for free to get the full story.

Sign Up
Already have a Placer.ai account? Log In

Looking Back on Back to School 2023

by 
Shira Petrack
 on 
September 12, 2023
Looking Back on Back to School 2023

This year’s Back-to-School retail performance was hampered by ongoing inflation and falling consumer confidence. Still, despite the challenges, foot traffic numbers indicate that some shoppers did come out ahead of the new school year. So how did key brands and categories perform? And what might Back-to-School Season tell us about the upcoming holiday season? We dove into the data to find out. 

Back to School Drives Visits During Challenging Retail Period 

The retail space has faced its fair share of challenges in recent months as consumer spending slowed in the face of the still-high prices. But weekly visits to major retail categories indicate that Back to School still drove foot traffic to stores across the country.

Between mid-July and mid-August, visit growth to key retail categories exceeded the overall retail visit average when compared to a  May 1st through 7th, 2023 weekly baseline. In fact, during the week of July 31st, visits to superstores, clothing chains, and shopping centers were the highest they had been since the beginning of May – including the week of Mother’s Day. And visits to department stores nearly reached their Mother’s Day peak. 

The baseline change in visits graph below also highlights the different functions played by various retail categories during the Back-to-School season. While visits to superstores, clothing chains, and shopping centers peaked between July 31st and August 6th, visits to superstores peaked two weeks later, during the week of August 14th. This may indicate that consumers visit apparel retailers earlier in the season – when they can take their time finding the perfect size and style – while waiting for the end of the Back to School window to buy backpacks and school supplies. 

Year-over-year data Highlights Challenges 

Although Back to School did drive a visit boost to several categories relative to May and June, year-over-year (YoY) data highlights this season’s challenges. With the exception of the clothing category, weekly visits to the major Back to School categories were mostly down relative to 2022 as consumers prioritized necessities in the face of continued high prices. Yet despite the setbacks, some brands managed to shine. 

Costco Leads the Superstore Category during Back to School 2023 

Costco – which caters to a higher-income audience than Walmart or Target – saw a consistent YoY increase in weekly visits. Meanwhile, YoY visits to Walmart and Target rose slightly from late June to early July before dipping again around mid-July. Still, the data indicates that the two brands did receive a Back to School lift – the visit gaps for both Walmart and Target were smaller from mid-July to mid-August than they were between May and mid-June. 

Off-Price Remains On Top 

Leading off-price retailers have expanded in recent years, and thrift stores have also grown in popularity. Meanwhile, most major department stores rightsized – and with fewer venues comes a smaller share of the overall apparel visit pie. 

Looking at the change in visit share distribution between off-price retailers, major thrift store chains, and department stores during the Back to School seasons of the past six years illustrates the shift that has taken place within the apparel category. In July and August 2018, department stores, off-price retailers, and major thrift store chains enjoyed 40.1%, 49.2%, and 10.7% of the visit share, respectively. But by 2023, department stores’ visit share dropped to 28.4%, while off-price retailers and major thrift store chains increased their part of the pie to 58.1% and 13.5%, respectively. 

The steady growth in visit share for the off-price and thrift store segments reveal the shift in apparel consumers’ shopping decisions and the increasingly central role played by value and price – even before the current economic challenges. 

Back to College Boosts Value-Priced Furniture Chains 

Highschoolers and parents of schoolchildren aren’t the only ones shopping for supplies in July and August – college-bound students and their families also head to the stores to pick out dorm furniture and other essentials. And foot traffic data shows that, here too, value-priced chains are coming out on top. 

The home furnishings category as a whole saw an uptick in visits between mid-June and mid-July, when a brief window of economic optimism may have driven some shoppers to make the large purchase they had been putting off. But visits to the category fell again in August as consumer sentiment dipped once more. Meanwhile, visits to value-priced home furnishing chains, including American Freight, HomeGoods, and At Home stayed consistently above 2022 levels for most of July and August – indicating that price is still at the top of consumers’ mind in the home furnishings space as well.

Staples Still Driving Back to School Visits 

Last but not least, Staples also seems to remain a Back-to-School fixture, with week-over-week (WoW) visits consistently up in July and August – meaning that the chain’s stores got increasingly busy as the Back-to-School season escalated. And although Staples YoY visits were down during much of the period, as some consumers likely visited lower-priced alternatives for Back-to-School supplies – YoY visits were up for much of May and June, indicating that it’s still too early to write off the chain. 

What Can Back to School 2023 Tell Us About the Upcoming Holiday Season? 

Back to School 2023 was relatively muted as many consumers continued choosing value-priced options over more traditional retailers. At the same time, chains that catered specifically to higher-income shoppers – such as Costco’s – also saw strong visit numbers, as this audience segment has likely been less impacted by the ongoing inflation. Should current trends continue, the upcoming holiday season may bring more of the trends seen all year, with value-priced retailers and chains catering to more affluent shoppers thriving while mid-range chains hunker down until the economic headwinds blow over. 

For more data-driven retail insights, visit placer.ai/blog

Get 3 brand & industry
breakdowns every week

Subscribe to the newsletter

Great! Prepare your inbox for data-driven insights...
Oops! Something went wrong while submitting the form.

Get a Demo

Please enter your first name
Please enter your last name
Please provide a valid email
Please enter your email
Please enter company name

Thanks for reaching out!

One of our experts will be in touch soon

Try Placer.ai Free
Oops! Something went wrong while submitting the form.
Text Link
Back To School
Recapping Valentine’s Day 2024 Foot Traffic Trends
Fitness: A Strong Start to 2024
Dutch Bros. Continues To Percolate Visits
Super Bowl 2024: Placer.ai’s Postgame Foot Traffic Analysis
CAVA & sweetgreen Are On the Rise
Hats Off For Off-Price
Who Is Shopping at Malls?
Drilling Down Into Home Improvement
Walmart, Target, Costco & Superstore Space 2023 Recap
Catching Up With Shake Shack and Wingstop
Something To Chew On: Demographic Shifts at Steakhouse Chains
Placer.ai Office Index: Looking Back at 2023
Recapping RBI & Yum! Brands’ 2023 Foot Traffic Performance
Placer.ai White Paper Recap – January 2024
Who Shops at Anthropologie and Urban Outfitters?
Three Taco Chains to Watch in 2024
Starbucks and Dunkin’: 2023 in Four Data Points
Who Visits CVS and Walgreens?
Fashionably Frugal: Apparel in 2023
Catching Up With Fast Food
The Grocery Sector in 2023: An End-of-Year Recap
3 Mall & Shopping Center Trends for 2024
Bakery Chains Rising To The Top
Placer.ai and Esri Partner to Deliver Geospatial Analytics
Tampa Tourism Trends
Going For The Green: The Changing Dynamics Of Country Clubs
Christmas Day Dining Recap
Major Urban Shopping Districts – Holiday Season Recap
Placer.ai Office Index: December 2023 Recap
Recapping the 2023 Holiday Shopping Season
Placer.ai White Paper Recap – December 2023
7 Retail & Dining Segments to Watch in 2024
Diving Into Holiday Season Favorites
Super Saturday and Christmas Eve Eve: A Winning Combination
3 Budget Grocery Chains Finishing 2023 On a High Note
Making It In America: International Chicken Chains Bring The Heat
Domestic Tourism at a Glance: A Q3 2023 Roundup
Five Pizza Chains On The Rise
Jewelry Brands Taking Advantage of the DTC Opportunity
Secondhand News: Kids' Thrift Shops
Recapping 2023’s Dining M&As
MetLife Stadium Kicks Off Football Season
Placer.ai Office Index: November 2023 Recap
Small Coffee Chains Brewing Big Success
Placer.ai White Paper Recap – November 2023
Thanksgiving Travel 2023 Recap
Checking in With Nike and Lululemon
Black Friday 2023 Retail Recap
Starbucks’ 2023 Holiday Menu & Red Cup Day Performance
Turkey Wednesday 2023
Who Attended the 2023 Pickleball Championship? 
Three Surprising Holiday Shopping Trends
What’s in Store for Ulta Beauty This Holiday Season?
Best Buy and Department Stores: A Holiday Deep Dive
Discount & Dollar Stores: Strength Toward The End of the Year
The State of Off-Price Retail: Discounts Seal The Deal
Placer Mall Index Recap: October 2023
Placer.ai Office Index: October 2023 Recap
Retail Corridors Ahead of the 2023 Holiday Season
California, Here Gap Comes
Checking in With Home Improvement
Getting Into the Glasses Game: Warby Parker Takes Over
Fitness Positioned for a Strong 2023 Finish
White Paper Recap: October 2023
Coffee Giants Brewing Up Business
Popeyes and Burger King Lead the Way
Diving into Yum!
Looking Ahead to Black Friday 2023
Blockbusters Drive Movie Theater Comeback
Crocs and Boot Barn: Shoe-Ins for Success
McDonald’s and Chipotle's Winning Recipe
The State Of Steak: Checking in With Texas Roadhouse
Pleasant Pastimes: Pickleball Potential Proves Potent
Who’s Driving Downtown Manhattan’s Weekend Revival?
Diving into Downtown Manhattan Foot Traffic Trends
Rite Aid: Rightsizing Right
Major League Soccer: Its Die-Hard and Casual Fans
The Anchor Recap: September 2023
Placer.ai Office Index: September 2023 Recap
Placer Mall Index Recap: September 2023
September White Paper Recap
The Consumer Habits of College Students
JCPenney: Rightsizing and Revitalizing
Pent-Up Demand Ahead of October Sales Events
4 Strategies Retailers are Using to Drive Traffic to Their Venues
5 Key Regional Grocery Players Impressing in 2023
Upscale Kitchenware Trending Up
Costco Finds More Room for Growth
Four C-Store Chains Making an A-Grade
National Parks + Outdoor Summer Activities
Diving Into Darden: Summer 2023 Update
The Summer Event Effect
Messi: Massive in Miami
Looking Back on Back to School 2023
The Anchor Recap: August 2023
Placer.ai Office Index: August 2023 Recap
Placer.ai Mall Index: August 2023 Recap
Placer.ai White Paper Recap: August 2023
Starbucks Pumpkin Spice Latte Strikes Again
Big Scoop: We All Scream For Ice Cream