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Tuesday, Jul 31
2012, 11:35 AM
A survey from Deloitte tips off that the back-to-school shopping season could be a pleasant...
A survey from Deloitte tips off that the back-to-school shopping season could be a pleasant surprise for retailers such as OfficeMax (OMX -0.7%), Office Depot (ODP +1.4%), and Staples (SPLS +0.1%). A majority of respondents indicate they plan to spend more this year on school supplies, mirroring the results from a NRF poll of a couple weeks ago. If consumers follow through with the extra buying, especially electronics, the back-to-school bounce could also be felt by RSH, WMT, COST, BBY, and TGT.