In the News

In the spring, CNBC reported gyms of every size had been shutting down their fitness spaces, seeking novel ways to offer at-home services. On-demand fitness spending in February 2020 had risen 130 percent since 2017, according to Cardlytics.

Spending returned to pre-lockdown levels in July as Britons spruced up their gardens and, by August, ventured out for a meal. Data from Cardlytics, which tracks card spending in the UK, found working from home drove a 29 per cent increase in shopping for office equipment and stationery over July 2019. 

It’s only September, but 2020 has already been a memorable year for retail — the effects of which will likely be seen for years to come. The COVID-19 pandemic has caused severe swings in spending across industries, geographies and buying channels.

Cardlytics, a platform that analyzes both online and in-store purchases from more than 140 million bank customers in the United States, says it is seeing signs of recovery in most sectors of travel. Its most recent dataset, based on spending through June 17, shows consumers have been spending more in recent weeks as states reopen.

Commission fee caps were put into place in a number of major cities to provide a temporary reprieve for restaurants as the pandemic gripped the nation and dining room closures became widespread.

We all know that UK spending on games has skyrocketed during the pandemic, with charts, publishers and developers all stating big gains. But the latest figures, from UK bank accounts, pin that boom at a whopping 71 per cent year on year. The figure is taken from the lockdown period, from mid-March to the start of July, and comes from Cardlytics, which draws its data from 22m UK bank accounts, covering around 1 in 4 accounts.