Lifestyle Monitor

Boomers Still Wield Mighty Retail Power

The spending power of baby boomers, those born between 1944 and 1964, is expected to reach $15 trillion worldwide by the end of 2019.

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Survey: Baby Boomers and Seniors Are Shopping Online

At nearly 77 million strong, Baby Boomers (those aged 51 to 69) control more than 75 percent of U.S. wealth, according to the International Council of Shopping Centers (ICSC), and the U.S. Government Consumer Expenditure Survey says they’re spending more than $400 billion of that on goods and services each year—and not just in brick-and-mortar stores.

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Op-Ed: American Consumers and Their Discontents

Another holiday shopping season has come and gone; it wasn’t too bad depending upon whom you ask. After some difficult years at retail, many stores reported better sales. Consumer attitudes have improved too, along with a seemingly improving economy. Things may be looking up, but… Read More

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