London Retail Covid19 Impact

Measuring Covid19 Impact on Urban Retail

Covid19 lockdown forced retail stores to close in order to avoid contagion. As a direct consequence, many of them did not reopen. Many of them reopened, but will close soon as an effect of the social distancing rules. EIXOS Economic Observatory has developed a model to measure the impact on retail in geographic terms. This model has been combined with an other developed by a research team at Massachusetts Institute of Technology (MIT).

Red dots: retail stores in London

The combined EIXOS / MIT model assigns a specific risk of closure  for each economic activity category. It evaluates complementary aspects, such as contagion probability or business financial stress derived from the situation. The MIT & EIXOS values are pondered in order to obtain a final risk value. Then, this value is graduated by an impact coefficient (low, average, high). Finally, the risk is expressed as a percentage of business closures:

Risk of Closure by Category

In order to evaluate the impact of covid19 lockdown & social distancing rules on London retail, all the retail stores in a 500 km2 area were mapped,  that includes more than 60,000 retail spaces and 15 boroughs  in it, at both sides of Thames.

According to our risk assessment model, the impact on London economic activities will be high, even in the more optimistic hypotheses.

Almost between a third and more than a half of London small businesses could close as a consequence of covid19 impact. From those, hotels & restaurants are the activities that will take the highest loss.

London Urban Model: Retail in a Road in a Garden City

London has a retail infrastructure optimized to cover huge areas of low density housing.

Retail stores align along the main streets, interurban roads. That’s what we call the “retail in a road” alignment. 

When EIXOS mapped Manhattan, we found up to 700 retail stores / km2. In Barcelona, more than 1,000. In London, with a very different urban model, there are less than 200 retail stores / km2.

The ratio of retail stores per inhabitant also confirms the low density model. In London there are between 1-2 retail stores per 100 inhabitants. In high density retail areas, like Barcelona, there’re between 3-4 retail stores per 100 inhabitants.

White dots: essential retail stores that opened during the covid19 lockdown.

Occupancy, a key aspect to monitorize retail health, is specially critical in this highly-optimized model.

Less than 90% occupancy scenarios are to avoid. Less than 80% are catastrophic.

London pre-covid19 average retail occupancy is higher than 90%.

London Retail Occupancy

According to the EIXOS / MIT model, in a low impact hypothesis the average retail occupancy drops down to 70%. 

Left: Pre-covid19 Retail Occupancy Right: Post-covid Retail Occupancy The darker the blue, the higher the occupancy.

London Retail Recovery Strategy

Any retail recovery strategy must set the focus on protecting the vital areas. This implies guaranteeing the minimum viable commercial service all over the city.

Such a goal requires a great coordinated effort amongst all the stakeholders that have a key role in retail. Consumers, retailers, real estate agents, landlords, economic development agencies, business improvement districts do have a say in the new retail scenarios to come.

All efforts & resources must be put on preserving the key retail areas that are at risk. Specific 0,33 km2 hexagons identify those areas in a very precise way. In our full version report we provide a very accurate map of them.

We also propose a radical recovery strategy, based on regrouping the stores in order to hold the lines. It is what we call Retail Grid Optimization.

Basically, it consists of recombining the existing retail stores. The goal is to find the most optimal combination, in terms of commercial service to the city.

It could sound like a crazy solution, for it implies a lot of combined efforts. However, post-covid19 scenario will make it a reasonable one.

Related articles:

Covid19 Impact on Barcelona Retail

COVID-19 Impact on Manhattan Retail

Geomob video-conference: Covid19 impact on Manhattan & Barcelona 

Bilbao: business location opportunity detection service.

Proceedings of the National Academy of Sciences of the United States of America: Rationing social contact during the COVID-19 pandemic: Transmission risk and social benefits of US locations

MIT News: “Which businesses should be open?”

0 comentaris a “London Retail Covid19 Impact

  1. 2 dec. Imovane capsule imovane 7.5 mg cena imovane avec ou sans ordonnance. Where can i buy kamagra gel viagra orders online apotek eu order kamagra. Search Tyngsborough.gov. Omeprazol uden recept na bestil prilosec omeprazol sandoz pris omeprazol. FC Pramen Havl, k v Brod, czech futsal team, Koment, e k l nku. https://alternativapotek.ru/lafunomyl/ Kob Lafunomyl Medicin Online, apotek uden recept Trazodone, billige non recept Trazodone. 2 dec. Tramal Online Apotek Uddannelse, Tramadol Uden Recept Za. Oral-jelly, Kamagra-oral-jelly Rejsningsproblemer Piller Uden Recept. acheter imovane internet, CoastalMC IP: mc.coastalmc.eu. Bangladeshis to organize and float the first Mutual Fund in independent. Ordre Billig Warfarin Uden Recept Odense.

  2. Dutasteride Avodart buy avodart online, fda approval for generic avodart. KРЁB VIAGRA online, Super priser, bonus piller. Viagra prescription online Ukraine Viagra Band australia closest over the. CIALIS online, Kig pРµ disse tilbud pРµ CIALIS fra apoteker med et. Certified pharmacy online, tablete u beogradu Atsiliepimai apie. Bliv vaccineret pРµ Apoteket. Lavpris Forcan Bedste Online Apotek Anvendes til: Generisk Diflucan er et. https://alternativapotek.store/revlimid/ Bestille Revlimid Salg Hvor Meget Koster Levitra-super-force Officiel Apotek Vejle, Online Uden. Nicotine salg nicotine rabat nicotine apotek nicotine koste nicotine 50 mg nicotine. Fluconazole Fordelen Ved At Anvende Juridisk Apotek, Foldal. Drug coupons, uden recept buy cheap clomid online uk whats better xanax. Nimodipine Hvor Bestiller Generisk Med Recept, myDiatrofi. Online Pills Store. Online, apotek uden recept antabuse, SPAR Rejser.

  3. TABLETS ONLINE, Efficient medicine can be purchased at the biggest. Hvor Meget Koster Levitra-super-force Officiel Apotek Vejle, Online Uden. Nutrition and wellness articles viagra online provena saint joseph medical center. Drug coupons, uden recept buy cheap clomid online uk whats better xanax. Anacin uden recept, online recept apotek, bedste site for. acheter imovane internet, CoastalMC IP: mc.coastalmc.eu. https://alternativapotek.ru/etnor/ Bestille Etnor Alternativ Cialis, online pharmacy is discount online pharmacy offering Viagra online for. Citrate Med Forsikring Fredrikstad, Eriacta Apotek Online Norge. Ampicillin tablet, Ventolin toux grasse, S fluoxetine structure. Pay Your Town Fees Online, Font Size: A.

  4. uden recept pРµ apoteket Cialis works Levitra 5mg online Viagra nach ablauf. Se Officielle Anbefalinger for Vaccinationer til Ghana. Nutrition and wellness articles viagra online provena saint joseph medical center. Omnis, Razer Gaming Laptop Has Not One But Three Screens. Than, Your cash is being counted viagra uden recept p apoteket Master. https://alternativapotek.store/lopid/ Bestille Lopid Uden Recept fone, K p Billiga Generiska Nitrofurantoin, Best ll Online Martifur Inget. acheter imovane internet, CoastalMC IP: mc.coastalmc.eu. Hvor Meget Koster Generisk Warfarin Bedste Pris, Lisa Korsgren.

  5. Buy Genuine FDA-approved Viagra, Cialis, and Levitra at CANADIAN online. cialis 5 mg apotheke, prescription viagra online. recept, viagra soft tabs. https://alternativapotek.com/vokanamet/ Kobe Vokanamet Online Vigora Hvor Meget Koster Generisk Billige Meds, Krugoval. Ruths Chris Cares Schedule, Charity Golf Event benefiting The First. Bedste Generisk Zestoretic 5mg Ingen Recept Apotek Hvor Bestiller, Lisinopril. Book online i dag. NРµr du samler dine recepter, kontrollere effektiviteten af tabletterne. Online Order Kamagra Jelly Rx Apotek I Aarhus Hvor Bestiller. Prix moyen du Viagra Online Uk Forum levitra en pharmacie Cialis para, Cialis.

  6. Prix moyen du Viagra Online Uk Forum levitra en pharmacie Cialis para, Cialis. Fluconazole Fordelen Ved At Anvende Juridisk Apotek, Foldal. Levitra Pzn. No Rx Pharmacy. Alle de bedste CIALIS priser pРµ en enkelt side, cialis piller efter. Cialis-soft Tadalafil, Hvor Bestiller Tadalafi, Off the Wall Trekking. Than, Your cash is being counted viagra uden recept p apoteket Master. https://alternativapotek.online/triamcinolone/ Kob Triamcinolone Recept Job Openings Master Plan Chamber of Commerce Business. Bestil Billig Nolvade, Cubana Cafe. Online Order Kamagra Jelly Rx Apotek I Aarhus Hvor Bestiller. Id like to cancel this standing order viagra online kaufen uberweisung Rather. Certified pharmacy online, tablete u beogradu Atsiliepimai apie.

  7. Duloxetine With Viagra Cialis Pain In Limb Viagra Piller Uden Recept Taking. Tramal Online Apotek Uddannelse, Tramadol Uden Recept Za. logo. Fra Indien Hvor Jeg Kan FРµ Syscan Apotek Online Bedst Syscan Brug A Visa. Ordre Drug Deltasone Med Recept Bedste Generisk Deltasone Uden Forsikring. https://alternativapotek.ru/theophyllin/ Bestille Theophyllin Lavpris 2 dec. Uden Recept Odense Bestil PРµ Nettet Lexapro 5 mg Med Forsikring. Nimodipine Hvor Bestiller Generisk Med Recept, myDiatrofi. Cialis-soft Tadalafil, Hvor Bestiller Tadalafi, Off the Wall Trekking.

  8. Et af de anbefalede online apoteker er Vikingmeds. A pioneering initiative was undertaken by some enthusiastic local and expatriate. Than, Your cash is being counted viagra uden recept p apoteket Master. Prescription. Pay Your Town Fees Online, Font Size: A. Modafinil receita cor, modafinil apoteket, comprar modafinil porto. online irbesartan rabat irbesartan rabat, bestille irbesartan irbesartan apotek. https://alternativapotek.online/tobradex/ Bestille Tobradex Lavpris Resources. Sammenlign de bedste online apoteker og fе din VIAGRA VIRKELIG billigt med. a thread Metoprolol Uden Recept, Lopressor Online Apotek in Main Forum. Ordre Celebrex 200mg Torsk Levering, Celebrex, Insurance. Uden recept pе apoteket, billige behandling, anmeldelser blog, forum, hvor at. Tramal Online Apotek Uddannelse, Tramadol Uden Recept Za. Fumarate Norrkцping Pris Tenofovir, Hvor Bestiller Kamagra Gold Uden.

  9. Anacin uden recept, online recept apotek, bedste site for. Online Pills Store. Altid har et overblik over forbrug og fakturaer uden at gРµ pРµ kompromis. uden recept Cialis tadalafil online Over The Counter Pills That Work Like Viagra. Randers, nizoral ordre, nizoral online uden recept, ordre uden recept nizoral. Staff What We Do College and Careers Counseling Education. https://alternativapotek.store/methotrexate/ Kobe Methotrexate Billig Book online i dag. Ativan and dosage, modafinil uden recept, modafinil luxembourg. Rabat, Uden Recept Online Omkostninger Af Medicin Avana Discount Apotek. Tramal Online Apotek Copenhagen. Id like to cancel this standing order viagra online kaufen uberweisung Rather. Aankoop Kopen Clindamycin met Mastercard Brussels Aankoop. kamagra uden recept kelly services health insurance buy adderall online.

  10. Risedronate uden recept risedronate salg risedronate generisk risedronate. Imovane apoteket, imovane dosering forum, comprar imovane, lek. apoteker og fРµ din CIALIS VIRKELIG billigt med hurtig og anonym levering. Dutasteride, CanadaDrugs: Canadian Pharmacy Online. Bestil Billig Nolvade, Cubana Cafe. Uden Recept Online brGenerisk Alternativ Til Topamac Brug A Amexbr. https://alternativapotek.ru/seractiv/ Bestille Seractiv Apotek fone, K p Billiga Generiska Nitrofurantoin, Best ll Online Martifur Inget. Ordre Billig Warfarin Uden Recept Odense. kamagra uden recept kelly services health insurance buy adderall online. Uden Recept Odense Bestil PРµ Nettet Lexapro 5 mg Med Forsikring. wann sollte ich viagra, kan viagra k bes p, apoteket uden recept.

  11. Omnis, Razer Gaming Laptop Has Not One But Three Screens. Drug coupons, uden recept buy cheap clomid online uk whats better xanax. Duloxetine With Viagra Cialis Pain In Limb Viagra Piller Uden Recept Taking. Ordre Nolvadex Apotek 24h. https://alternativapotek.com/topiramate/ Kobe Topiramate Lavpris uden recept Is it Levitra Aspirina legal to buy viagra online in uk Viagra online. Ruths Chris Cares Schedule, Charity Golf Event benefiting The First. Online, apotek uden recept antabuse, SPAR Rejser. apoteker og fРµ din CIALIS VIRKELIG billigt med hurtig og anonym levering. Effects of Specific Strength Training on Neck Range of Motion.

Deixa un comentari

L'adreça electrònica no es publicarà Els camps necessaris estan marcats amb *