Filed under: Family Money, Shopping

According to a study by consumer research publisher Packaged Facts, teens are expected to spend $208.7 billion in 2011 — mostly on clothes, music and movies. So why are they increasingly unwelcome at American malls on Friday and Saturday nights? The answer lies in an emerging trend that may herald the end of a modern day hang out.

First instituted by the mega-sized Mall of America in Bloomington, Minn., in 1996, the practice of “Parental Escort Policies” — requiring kids between the ages of 13 and 17 to be accompanied by an adult during specified hours — is gaining popularity nationwide. Especially on weekends. In fact, in spite of a move that may seem counter intuitive, some retailers report that banning unchaperoned teens has resulted in better business.

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Banning unchaperoned teens from malls heralds end of retail hang out originally appeared on WalletPop Blog on Thu, 30 Sep 2010 13:00:00 EST. Please see our terms for use of feeds.

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