brick and mortar

Brick and mortar (also bricks and mortar or B&M) refers to a physical presence of an organization or business in a building or other structure. The term brick-and-mortar business is often used to refer to a company that possesses or leases retail shops, factory production facilities, or warehouses for its operations.

Source: en.wikipedia.org

Early Shopping And BOPIS Lead As Consumers Navigate A Tricky Shopping Season
Early Shopping And BOPIS Lead As Consumers Navigate A Tricky Shopping Season
November 23, 2020  |  Retail

To say the least, the retail industry finds itself in the middle of a tricky holiday season. As of late October, data released by LendingTree...

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New RadioShack Owner Looks To Turn ‘Fallen Angels’ Into eCommerce Stars
New RadioShack Owner Looks To Turn ‘Fallen Angels’ Into eCommerce Stars
November 23, 2020  |  eCommerce

 When Miami-based Retail e-Commerce Ventures (REV) recently announced that it purchased the remains of twice-bankrupt RadioShack, it wasn’t some one-off strategy to acquire distressed...

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COVID Casts More Doubt On Future Of Bank Branches
COVID Casts More Doubt On Future Of Bank Branches
November 20, 2020  |  Banking

Physical banking was already on the decline before the COVID-19 pandemic put much of the physical economy into the deep freeze for a year and...

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Whole Paycheck Tracker: Target, Walmart Comparison Uncovers Different Digital-First Strategies
Whole Paycheck Tracker: Target, Walmart Comparison Uncovers Different Digital-First Strategies
November 20, 2020  |  Walmart Amazon whole paycheck

Traditionally our Whole Paycheck tracker covers the mano a mano of Amazon and Walmart as they battle it out for their share of the American...

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TJX To Add eCommerce To HomeGoods Site Amid Lagging Physical Sales
TJX To Add eCommerce To HomeGoods Site Amid Lagging Physical Sales
November 18, 2020  |  Retail

Retail giant TJX Cos. said Wednesday (Nov. 18) that it plans to add eCommerce to its HomeGoods.com site in 2021 as same-store sales at its...

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Nike Launches Community-Minded ‘Unite’ Stores With Digital Focus
Nike Launches Community-Minded ‘Unite’ Stores With Digital Focus
November 18, 2020  |  Retail

Nike continues its sprint into the digital-first world with Nike Unite stores, with nine locations slated to be in operation this year. In a news...

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Kohl’s Comp Sales Drop 13.3 Pct As Pandemic Cuts Into Clothing, Footwear Sales
Kohl’s Comp Sales Drop 13.3 Pct As Pandemic Cuts Into Clothing, Footwear Sales
November 17, 2020  |  Retail

Kohl’s reported Tuesday (Nov. 17) that the pandemic has cut into its clothing and footwear sales, slashing comparable sales by 13.3 percent in Q3. “The...

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Home Depot Q3 Earnings Build On Pandemic-Driven Home Improvement Trend
Home Depot Q3 Earnings Build On Pandemic-Driven Home Improvement Trend
November 17, 2020  |  Retail

The Home Depot rode the pandemic-driven home improvement wave to a big jump in its in-store comp sales for Q3. The company reported sales of...

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Japan’s Rakuten Introduces Retail Tool For Digital Transformation
Japan’s Rakuten Introduces Retail Tool For Digital Transformation
November 16, 2020  |  Retail

Rakuten, a Japanese tech company specializing in digital eCommerce solutions for retailers, is introducing a new subsidiary to bolster physical stores. Tentatively called Rakuten DX,...

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