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As millennial parents increase their spending power and retail influence, consider these findings about how they shop.

New Hope Network staff

October 3, 2018

1 Min Read
By the numbers: Millennial parents
Thinkstock/shironosov

The National Retail Federation took a look this spring at one of the most important emerging consumer groups: millennial parents. Millennials lead more than half of households with children today and are part of the $1 trillion that U.S. families spend annually on their kids, according to the federation.

Compared with parents from other generations—and millennials without kids—these young parents approach shopping for themselves and their families differently. Review just how in the infographic below.

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