Lokalyze

Lokalyze is a startup that has a strong vision for the future of retail in the UK market. The company has recognized the dominance of online retailers in the UK and the struggle faced by physical stores in keeping up. In response to this challenge, Lokalyze has developed a browser extension that aims to provide an innovative solution. Founded in 2020, the extension detects when a user is shopping online and presents a list of nearby shops that offer similar items, thereby offering physical store alternatives to shoppers. The slogan of the company, "Online retailers dominate UK market; Lokalyze browser extension offers physical store alternatives to shoppers," succinctly captures this mission. This initiative is particularly relevant considering the lack of online visibility that traditional brick and mortar retailers face in comparison to their online counterparts. By highlighting local businesses and promoting consumer support for them, Lokalyze seeks to bridge the gap between online and offline retail, catering to the preferences of consumers who want to patronize local establishments. The potential impact of this solution on the retail landscape makes Lokalyze a compelling prospect for potential investors.