Skip to content Skip to Content

Stores lure back-to-school shoppers with deals and ‘buy now, pay later’ plans

KVIA

AP Business Writers

NEW YORK (AP) — Mass market retailers in the U.S. are plying shoppers with offers for computers, clothes and other back-to-school essentials at affordable prices. To seal the deal, they are marketing “buy now, pay later” services as a way for customers to spread out the cost of going back to class in style. Companies and analysts say the strategies for securing sales are on display to coax consumers into spending during the retail world’s second-most important period behind the winter holidays. Even as inflation has come down, the costs of food, rent, healthcare and other necessities remain much higher than before the pandemic. And high interest rates are making it more expensive to carry credit card balances.

Article Topic Follows: AP National News

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.