Twenty-nine percent of teenagers plan to spend over $100 on gifts this holiday season, according to the International Council of Shopping Centers (ICSC) and
Jones Lang LaSalle's “Gen Y Survey.” More than 2,900 teenagers, ages 13-19, participated in the survey, which was conducted over the first two weekends (Friday through Sunday) in December at 20 Jones Lang LaSalle centers.
Where are teens getting their spending money? 51 percent said they
earned their spending money from working, followed by a combination of
their parents and through their allowances (41% and 22%,
respectively.) As for whom teenagers are spending their money on this
holiday season, family members top their lists at 85 percent.
What's on the “wish-lists” of teens this year? CD's and DVD's —
of course. Ludacris “Chicken 'N Beer” (30%) is number one on their
“wish-lists”, followed by Blink 182 (21%). As for DVD's, Finding Nemo
(36%) is their top choice, followed by Pirates of the Caribbean: Curse
of the Black Pearl (35%), Terminator 3: Rise of the Machines (15%),
and Scarface: The 20th Anniversary (14%).
The survey also asked teenagers, as they shopped the mall, what their favorite store was for clothing or accessories.
The top five stores for teen boys were:
- American Eagle
- Pac Sun
- GAP
- Abercrombie & Fitch
- None
The top five stores for teen girls were:
- American Eagle
- Pac Sun
- Abercrombie & Fitch
- GAP
- Forever 21
The survey was conducted by Jones Lang LaSalle, on behalf of ICSC,
at 20 of their centers over the first two weekends of December 2003.
