Shoppers aged between 15 and 24 will spend £5.7bn in 2014 as overall online spending hits £39bn, according to Verdict research.

Young shoppers are setting the scene for the future of retail by embracing online retail though social media and mobile devices.

Verdict claims retailers need to rethink how they address young shoppers because they are setting the scene for the future of retail due to their particularly high levels of engagement with social media and mobile devices.

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