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TEENS OF MEANS HIGH SCHOOL KIDS HOLIDAY-SHOP WITH HEFTY WALLETS.


Byline: Brent Hopkins Staff Writer

Lernik Grikorian, a 15-year-old Glendale resident, went on one of her final holiday shopping forays Monday relatively unconcerned about a cash-flow problem. She plans to spend up to $500 on gifts this year, up from $200 last Christmas.

``It adds up,'' she said, clutching an armful of bags in the Glendale Galleria The Glendale Galleria is a large 3 story regional shopping mall located in Glendale, Los Angeles County, California. It is the second largest mall in Los Angeles County. It is located in Downtown Glendale. . ``I get (the money) from my mom. If I want to buy for my parents or friends, the money comes from my savings, but for my family, my mom pays for it.''

She's got lots of company.

Most teenagers aren't old enough to vote, but they wield billions of dollars in economic clout. Teen shoppers have become a crucial part of the holiday shopping season, contributing in greater numbers to the mammoth retail industry. A recent poll by Junior Achievement, a kids business advocacy group, found that teens will spend an average of $125 on gifts this year, up from around $100 in 2002.

Altogether, this group will spend an estimated $173 billion in 2003, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Teenage Research Unlimited, a Chicago-based research company.

This week, when they've been released from classrooms and into the malls, they're out spending in force.

``The kids are the ones with the power,'' said Tonie Moses, Junior Achievement's director of youth affairs for Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . ``Parents have to abide by To stand to; to adhere; to maintain.

See also: Abide
 what they want. When I was growing up, I got two Barbie dolls Barbie doll

popular dress-up doll; extremely conventional and feminine. [Am. Hist.: Sann, 179]

See : Fads
 and that was it.''

Not anymore, however. Now teens like Grikorian have no trouble asking their parents for hefty sums of cash to spend on themselves, friends and family members.

According to Teenage Research, most of the money will go for apparel items, but the high school-age spenders have become increasingly interested in bigger-ticket electronics items.

``It really surprises people how much they spend,'' said Michael Wood Michael Wood refers to:
  • Michael Wood (historian), British historian and television presenter.
  • Michael M. Wood, U.S. diplomat and ambassador.
  • Michael Wood (photographer), Canadian miksang (contemplative photography) photographer.
, a vice president with Teenage Research. ``On average, they spend $100 a week at any time in the year. The parents are the No. 1 source of income, though some have part-time jobs or do odd jobs odd jobs nplchapuzas fpl

odd jobs nplpetits travaux divers

odd jobs odd npl
.''

Raul Pool, a sales associate at Boarders Sports, a skate shop located in the Galleria's teen-theme area known as The Zone, sees firsthand first·hand  
adj.
Received from the original source: firsthand information.



first
 how quick teens are to lay down their cash. The 16-year-old rarely sees an adult in the shop, where he got a job last month to facilitate his own spending habits.

``I spend a lot of money,'' the 11th-grader admitted. ``And now that I have money, I found that I have a necessity for more expensive things. Before, I'd have been like, a hundred bucks for a watch? Heck no! But now, it's no problem.''

While his job affords him the ability to spend with ease, not all can dispense with their dollars so freely. Andy Ramirez and Bryan Mendoza of Panorama City had saved all year, and received a bit of help from their parents, to afford to be generous during the holidays. They caught a ride with Ramirez's mom to the mall, where they planned to spend $100 apiece to cross everyone off their lists. They'd already taken care of their parents, and were reveling after finding inexpensive stuffed animals
For preserved dead animals, see taxidermy.


A stuffed animal is toy animal stuffed with straw, beans, cotton or other similar materials. Some stuffed animals are very old – home made cloth dolls stuffed with straw go back to at least the
 at The Disney Store.

``Family and friends get the real gifts,'' said Ramirez, a 14-year-old ninth-grader at Birmingham High School Birmingham High School is a public coeducational high school in the neighborhood/district of Lake Balboa in the San Fernando Valley section of the city of Los Angeles, California. The school is a part of District One of the Los Angeles Unified School District (LAUSD). . ``The ones we forgot about get the cheap stuff.''

Brent Hopkins, (818) 713-3738

brent.hopkins(at)dailynews.com

CAPTION(S):

3 photos

Photo:

(1 -- 2 -- color) At left, 15-year-old Lernik Grikorian looks over some of her purchases as she hits the Glendale Galleria with her older sister, Nora, 21. At right, Andy Ramirez, 14, of Panorama City talks about Christmas shopping at the Glendale mall.

(3) Boarders Sports clerk Raul Pool, 16, says the money from his part-time job has amped up his spending habits.

Michael Owen

For other people named Michael Owen, see Michael Owen (disambiguation).
Michael James Owen[2] (born December 14, 1979, in Chester, Cheshire)[3] is an English football player currently with Newcastle United.
 Baker/Staff Photographer
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Article Details
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Article Type:Statistical Data Included
Date:Dec 23, 2003
Words:635
Previous Article:AMID THE RISE OF PLASTIC, LAYAWAY PLANS STAY STRONG.(Business)
Next Article:HOUSING MARKET ON RECORD PACE CALIFORNIA'S SALES, PRICE MARKS LIKELY TO FALL IN '03.(Business)(Statistical Data Included)



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