Younger Shoppers to Drive Rise in Holiday Sales
RAPAPORT... US consumers are planning to spend 4% more this holiday season, as shoppers between the ages of 18 and 34 expand their circle of gift recipients, according to the National Retail Federation (NRF). “Younger consumers are helping drive the spending increase this year,” Phil Rist, executive vice president of strategy at Prosper Insights, which ran a survey with the NR...