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Source: Piper Jaffray

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Gen Z Prefers 90s Brands in the Age of Instagram

Retail

This year, teens in the United States spent 38 percent of their shopping time at traditional department and specialty stores—down 3 percent from last year—while 19 percent of their shopping time was spent online compared with 17 percent last year. Amazon.com retained its position as the top online marketplace for teens.

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