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Inflation weighs on back-to-school buying for many families

Aaliyah Floyd, 10, selects school supplies at the annual Back to School Distribution Day at The Pantry, Friday, July 29, 2022, in Fort Lauderdale, Fla. The Pantry works with grandparents who are the primary caregivers for their grandchildren, offering free backpacks, lunch boxes, school supplies and sneakers. This back-to-school shopping season, parents, particularly in the low to middle income bracket, are focusing on the basics, trading down to cheaper stores and stretching out their buying as surging inflation takes a toll on their household budgets. (AP Photo/Lynne Sladky)

A parent shops for school supplies deals at a Target store, Wednesday, July 27, 2022, in North Miami, Fla. This back-to-school shopping season, parents, particularly in the low to middle income bracket, are focusing on the basics like no frills rainboots, while also trading down to cheaper stores, including second-hand clothing, as surging inflation takes a toll on their household budgets. (AP Photo/Marta Lavandier)

Shoppers look for school supplies deals at a Target store, Wednesday, July 27, 2022, in South Miami, Fla. This back-to-school shopping season, parents, particularly in the low to middle income bracket, are focusing on the basics like no frills rainboots, while also trading down to cheaper stores, including second-hand clothing, as surging inflation takes a toll on their household budgets. (AP Photo/Marta Lavandier)

Chrishauna Hurst, 12, center, and Aaliyah Floyd, 10, right, select lunch boxes at the annual Back to School Distribution Day at The Pantry, Friday, July 29, 2022, in Fort Lauderdale, Fla. The Pantry works with grandparents who are the primary caregivers for their grandchildren, offering free backpacks, lunch boxes, school supplies and sneakers. This back-to-school shopping season, parents, particularly in the low to middle income bracket, are focusing on the basics, trading down to cheaper stores and stretching out their buying as surging inflation takes a toll on their household budgets. (AP Photo/Lynne Sladky)

In this photo combo with images provided by Washington Shoe Company shows, from left, Western Chief Kids Pink Flutter Rain Boot and Western Chief KidRed Firechief Rain Boot. This back-to-school shopping season, parents, particularly in the low to middle income bracket, are focusing on the basics like no frills rainboots, as surging inflation takes a toll on their household budgets. (Washington Shoe Company via AP)

Backpacks and school supplies are unpacked at a Chicago Public Schools back-to-school supply giveaway at Theodore Roosevelt High School in Chicago, on July 22, 2022. This back-to-school shopping season, parents, particularly in the low-to-middle income bracket, are focusing on the basics like no-frills rain boots, while also trading down to cheaper stores, including second-hand clothing, as surging inflation takes a toll on their household budgets. (AP Photo/Claire Savage)

Backpacks and school supplies are unpacked at a Chicago Public Schools back-to-school supply giveaway at Theodore Roosevelt High School in Chicago, on July 22, 2022. This back-to-school shopping season, parents, particularly in the low-to-middle income bracket, are focusing on the basics like no frills rain boots, while also trading down to cheaper stores, including second-hand clothing, as surging inflation takes a toll on their household budgets. (AP Photo/Claire Savage)

A sign welcomes parents and students as backpacks and school supplies are available at a Chicago Public Schools back-to-school supply giveaway at Theodore Roosevelt High School in Chicago, on July 22, 2022. (AP Photo/Claire Savage)

Jaylen Metaya, 17, left, and Ja'niyah Phillips, 17, right, try on sneakers donated by Reebok and former NBA player Shaquille O'Neal at the annual Back to School Distribution Day at The Pantry, Friday, July 29, 2022, in Fort Lauderdale, Fla. The Pantry works with grandparents who are the primary caregivers for their grandchildren, offering free backpacks, lunch boxes, school supplies and sneakers. This back-to-school shopping season, parents, particularly in the low to middle income bracket, are focusing on the basics, trading down to cheaper stores and stretching out their buying as surging inflation takes a toll on their household budgets. (AP Photo/Lynne Sladky)

Chrishauna Hurst, 12, center, and Aaliyah Floyd, 10, right, select lunch boxes at the annual Back to School Distribution Day at The Pantry, Friday, July 29, 2022, in Fort Lauderdale, Fla. The Pantry works with grandparents who are the primary caregivers for their grandchildren, offering free backpacks, lunch boxes, school supplies and sneakers. This back-to-school shopping season, parents, particularly in the low to middle income bracket, are focusing on the basics, trading down to cheaper stores and stretching out their buying as surging inflation takes a toll on their household budgets. (AP Photo/Lynne Sladky)

Aaliyah Floyd, 10, right, selects school supplies with volunteer Cindy Blomquist, left, at the annual Back to School Distribution Day at The Pantry, Friday, July 29, 2022, in Fort Lauderdale, Fla. The Pantry works with grandparents who are the primary caregivers for their grandchildren, offering free backpacks, lunch boxes, school supplies and sneakers. This back-to-school shopping season, parents, particularly in the low to middle income bracket, are focusing on the basics, trading down to cheaper stores and stretching out their buying as surging inflation takes a toll on their household budgets. (AP Photo/Lynne Sladky)

Aaliyah Floyd, 10, selects school supplies at the annual Back to School Distribution Day at The Pantry, Friday, July 29, 2022, in Fort Lauderdale, Fla. The Pantry works with grandparents who are the primary caregivers for their grandchildren, offering free backpacks, lunch boxes, school supplies and sneakers. This back-to-school shopping season, parents, particularly in the low to middle income bracket, are focusing on the basics, trading down to cheaper stores and stretching out their buying as surging inflation takes a toll on their household budgets. (AP Photo/Lynne Sladky)

From left, sisters Audrey and Jubilee Colon pick out new backpacks at a Chicago Public Schools back-to-school supply giveaway at Theodore Roosevelt High School in Chicago, on July 22, 2022. This back-to-school shopping season, parents, particularly in the low-to-middle income bracket, are focusing on the basics like no-frills rain boots, while also trading down to cheaper stores, including second-hand clothing, as surging inflation takes a toll on their household budgets. (AP Photo/Claire Savage)

Inflation weighs on back-to-school buying for many families