2020 is a lost year for travel. People around the world spent more than half the year at home. Away from crowded places and closed spaces to minimize the spread of the Coronavirus. A closed-off world When COVID-19 was declared a pandemic, the first industry to be...
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‘Tis the season for year-end shopping sprees: 2020 retail trends
It’s that wonderful time of the year again, especially for retailers around the world. (Cue All I Want for Christmas Is You in the background.) The end-of-the-year sale is one of the most important sales periods for retailers around the world. It’s a chance for them...
The revenge spends phenomena: 6 strategies for banks and card providers
There’s a curious phenomenon taking place in the retail industry. As several countries lift lockdown orders and slacken travel restrictions, shoppers are making the most of the new-found freedom. Especially in the luxury goods category. Almost as a post-lockdown...