Younger Shoppers to Drive Rise in Holiday Sales

 

RAPAPORT... US consumers are planning to spend 4% more this holidayseason, as shoppers between the ages of 18 and 34 expand their circle of giftrecipients, according to the National Retail Federation (NRF).

“Younger consumers are helping drive the spending increasethis year,” Phil Rist, executive vice president of strategy at ProsperInsights, which ran a survey with the NR...