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Report: Gen Z consumers are a boon for brick-and-mortar retailers

Annual spending by Generation Z has reached $143 billion, and the majority of these shoppers prefer to go to stores, according to a report by CBRE. Young shoppers like to buy online and then "pick it up in the store so they can get the tangible experience, they can get the social experience," notes CBRE's Spencer Levy. CNBC (12/10)

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Retail Update for 9/4/2020

Grocery Chain LIDL Plans to Open 50 New Stores on East Coast by 2021 Dick's Sporting Goods Reports Record Earnings, 194% Increase in E-Commerce Sales Target reported a 24.3% increase in total digital

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