Teens are starting to shop again after their spending has hit record lows during the pandemic, and teen girls are leading the resurgence with a focus on fashion, according to Piper Sandler's "Taking Stock with Teens" report. The age group is on track to spend an average of $2,165 this year, and online fashion retailers and marketplaces including Shein, Princess Polly, Depop and Poshmark are finding fans.
Sign up for NRF SmartBrief
News about the U.S. retail industry
Get the intelligence you need: news and information
that is changing your industry today, hand-curated by our professional editors from
thousands of sources and delivered straight to your inbox.