Summertime was a bust in a lot of ways this year. While consumers took advantage of better weather to find ways to enjoy life, dine out and even shop after mass closures in the spring, a lot of opportunities for travel and entertainment were closed to them.
That could be a boon to retailers this holiday season. Despite plenty of anxiety around the ongoing pandemic— which has been resurging in many parts of the country — and the bite it’s taken out of the economy, that low-key summer has left some extra money in many people’s bank accounts.