Covid-19 and lockdowns in particular have affected how the UK is shopping, predominately a surge in online shopping. Once lockdown is lifted, will we be itching to get back to the high-street or will online shopping continue to rise in popularity?
The pandemic has accelerated the so-called Retail Armageddon and we are facing a dramatic oversupply of retail space in the UK. The repurposing of vacant or declining department stores, shopping centres and high streets will require creativity and imagination, but it will also require data.
GEOLYTIX MAPP has been shortlisted for the Clouds Award 2020. Having grown considerably in the last 5 years, our bespoke predictive location intelligence and mapping tool is now used by many major retailers, leisure and F&B operators globally. We're eagerly anticipating the announcement next month
2021 and the UK woke up in another lockdown. We're interested to see how the retail industry is handling a second lockdown; our data already indicates some similarities with last lockdown. Will a preparedness for lockdown have any impact this time round?
Tesla reached record sales last year, narrowly missing its half a million target. And with Tesla's entry-level Model 3 sedans now being manufactured at the Shanghai Gigafactory, Tesla is staying on top of the Chinese electric-car sales leader board.
Retail Points is a comprehensive data set of supermarket and convenience store locations across the UK. Geolytix release this as open data allowing for unrestricted use, no licensing requirements and without cost.
2020 was a year we will never forget and it changed the way we socially interacted as a nation. The food industry was significantly impacted, which opened doors for an old British favourite...the milkman.
Anecdotally, town and city centres have been busy since England Lockdown 2 ended last Wednesday. We’ve been busy processing up mobility data from Saturday to see what it tells us about the 18,000 Retail Places we monitor.
Wednesday marked the end of England’s four-week Lockdown II. Many retailers will now be looking to salvage what they can following a tumultuous year. The run-up to Christmas is always a condensed & critical period but in 2020 this is exacerbated. So, what can we expect during these next three weeks?
While Thailand has been successful at managing the Coronavirus pandemic the economic toll has been high with a sharp decline in international tourist arrivals and falling private investment leading to a forecasted -7.3% contraction of GDP in 2020.
At GEOLYTIX we seek new and innovative ways to make spatial analytics accessible, exciting and indispensable. Our customers span the retail, financial, property, leisure and food & beverage industries, across the world.
Across the country, 2020 has been challenging in a way that none of us expected it to be. Every village, town and city across the country has its own story of how the year has unfolded, and the impacts of COVID-19 have been felt.
The Wales Firebreak that came into effect on 23rd October attracted a great deal of media attention last week, with photographs of cordoned off ‘non-essential’ aisles a regular feature. But has the Wales Firebreak worked in terms of reducing activity?
As retailers increasingly take a more regional or even global view of multi-channel strategy, the importance of defining and applying a consistent data and analytical approach across borders has also increased.
How can you use data to identify ‘similar’ locations? For retailers, looking for areas similar to those with high performing stores, this may be a simple enough task. Counts of surrounding population, competition and demographic data lend themselves well to similarity modelling.
A common remark we get from clients is their surprise that there is no official published source of suburb/town/city boundary. 8 years ago, the first iteration of Geolytix’s Seamless Town and Suburb were created.
MAPP, our online mapping tool, allows anybody to use location data for business decision-making. The tool, which is accessed on an internet browser via unique login-credentials, is secure and available whenever and wherever you are.
We’ve been pondering this question at Geolytix. Here in our local state of Victoria, Australia, our tourist towns have been hit by the double whammy of horrific bushfires followed by the Covid-19 Pandemic.
Over the past three years, the top 10 consumer cities in mainland China witnessed the opening of 437 brand new shopping malls – an average increase of 43 malls in each city!
And that hasn’t taken into account any reopening’s after upgrading or redevelopment.
We’re often asked what a good level of forecast accuracy looks like. The answer is always: it depends. Some things are hard to forecast. Really hard. Even harder than convenience store turnover. Like, will things ever return to normal?
Geolytix Retail Places is the ultimate product for profiling, describing and modelling UK retail. The data set currently has 21,942 identified areas of retail reaching from City Centres to parades of 3 units. It continues to be a popular and established product since it's very first release in 2012.
It’s not often that I get involved in blogs for Geolytix and you won’t hear much from me in the future but I thought I would take the opportunity to write one on this occasion. It's mainly to promote the difference that an enjoyable working environment & team can make to the wellbeing of its people.