Reuters
As the new school year approaches in the U.S., retailers are reporting a surge in last-minute purchases such as transparent backpacks and jean shorts, driven by heat waves and security concerns. Despite the resumption of student debt repayments in October, the National Retail Federation predicts that the back-to-school shopping season in 2023 will be the most expensive yet, with spending expected to exceed $135 billion. Jorts (denim jean shorts) are particularly popular among teens and tweens, while demand for transparent backpacks is increasing due to safety regulations at schools.
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