Millennials Drive Retail Growth by Making More Major Purchases Than Other Generations

TD's Retail Experience Index survey revealed millennials are likely to make a major purchase in the next six months

WILMINGTON, DE, January 23, 2020 — The death of retail has been greatly exaggerated as evidenced by TD Bank's Retail Experience Index – a biannual survey that tracks consumers’ purchasing habits, focusing on big-ticket items of $500 or more.