Higher Prices Hit Back-to-School Shoppers

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Summer vacation is coming to an end for most kids, and to parents that means it's time for back-to-school shopping.

But this year's costs could add up more than before as retailers raise prices on many back-to-school essentials.

Higher costs for raw material and an increase in the cost of labor are behind the price hikes.

To avoid spending too much on new clothes, experts say it's important to have a strategy.

One way to save money is to try shopping at a consignment shop.

Experts also suggest cleaning out your child's closet. You may find perfectly good clothes waiting to be worn.

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