"...for the first time since the inception of the study, teens (particularly high income ones) spent more on food and events than they did on clothing.
Quietly, the restaurant has displaced the mall as the socially acceptable place to hangout for teenagers in America. “Restaurants have become a gathering place and teens are increasingly suggesting they prefer dining out to other forms of status brand spending,” the report says. “We see restaurants as the next generation hang out for teens.”"
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