Asset Planning, Inc Blog

The latest from the team.

1 minute reading time (146 words)

Consumer Spending Back to School

Wednesday, 05 August 2009

2161 Hits

Back to school shopping is the second busiest selling time period, second to Holiday shopping. Most discount retailers have begun advertising very discounted prices on school supplies, hoping to woo shoppers into the store for other purchases. Wal-Mart is the nations largest discount store and is expecting a five percent drop in year to year sales but they no longer report monthly sales figures.

In the retailers, price is everything and the teen market has been hit particularly hard. Abercrombie and Fitch will have a harder time compared to the cheaper brands, which have lowered their prices and have updated their fashions. Costo, Target, Wal-Mart, J.C.Penney and Kohl's will lead the back to school shopping visits.

Back to school shopping sales have not shown a decline in six years. Sales will be prevalent to move inventory prior to Holiday sales as consumers have reported their intention to spend less.

About the author

Sandra Field, MBA, CFP®

Sandra Field, founder, of Asset Planning Inc. (API), is a Certified Financial Planner and has been an active professional in the financial services industry for over 23 years. She is recently named as one of nation's leading wealth mangers by Bloomberg "Wealth Manager" magazine.

A Southern California native, Sandra graduated from California State University Long Beach with a Bachelor of Science in Finance and from University of Southern California with a Masters in Business Administration.

Sandra is a member of NAPFA (National Association of Personal Financial Advisors) and the Financial Planning Association. Sandra has served on the board of directors for the Orange County Chapter of FPA. Well respected in the industry, she is a featured financial advisor for the LA Times "Money Makeovers" as well as for the "One On One" column in the Orange County Register. In addition, Sandra serves on the Mutual Fund Panel of Experts for the Orange County Register Newspaper. She is also an active member of the community, serving as past President of the Seal Beach Chamber of Commerce, past Vice President of Finance on the Board of Directors for the American Cancer Society, and past Business Advisor to the City of Seal Beach.

Last but not least, she is a featured speaker at many public and private functions such as AAII (American Association of Individual Investors), Cal State Univ. Long Beach, EWGA and USC. She recently spoke at the WISE (Women In Securities & Education) conference, conducting a live money makeover before 400 women.

Whether she is assisting clients to reach their retirement goals or selecting the right investments for clients, education is at the core of Sandra's philosophy. She emphasizes the importance of developing a relationship with and educating clients, placing the utmost importance on helping them reach their goals, whatever they may be.

Asset Planning, Inc Blog

Consumer Spending Back to School

About the author

Sandra Field, MBA, CFP®

Author's recent posts

Search Blogs Module

Latest Blogs

Blog Categories