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

Sally Beauty Unveils Credit Cards With Rewards For Cardholders
Sally Beauty Unveils Credit Cards With Rewards For Cardholders
August 31, 2020  |  Retail

In a move that provides customers with more ways to receive rewards, Sally Beauty Supply and Cosmo Prof unveiled their inaugural credit card program. The...

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Big Lots Reports Record Comp-Store Sales Growth For Q2
Big Lots Reports Record Comp-Store Sales Growth For Q2
August 28, 2020  |  Retail

Home goods retailer Big Lots reported record comparable-store sales increases and “strong” online revenues for its fiscal second quarter (Q2) on Friday (Aug. 28), helping...

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Apple To Open Spherical Store On Singapore Shore
Apple To Open Spherical Store On Singapore Shore
August 25, 2020  |  Retail

Befitting a company whose new California headquarters is often likened to a spaceship, Apple says it will open a sphere-shaped store on Singapore’s waterfront that...

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Best Buy U.S. Comparable Online Sales Jump 242 Pct
Best Buy U.S. Comparable Online Sales Jump 242 Pct
August 25, 2020  |  Retail

Best Buy Co., Inc. reported on Tuesday (Aug. 25) that domestic comparable online sales jumped 242 percent for Q2 FY21. The electronics retailer also registered...

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The Rise Of Digital And The Struggle Of Brick-and-Mortar
The Rise Of Digital And The Struggle Of Brick-and-Mortar
August 24, 2020  |  Today In Data

Digital banking is reaching unprecedented levels of popularity amid the pandemic, as consumers are harnessing mobile banking apps to handle their checking and savings accounts....

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Retail Foot Traffic Increases 4.1 Pct In The UK
Retail Foot Traffic Increases 4.1 Pct In The UK
August 24, 2020  |  Retail

As the revival of the economy gained momentum, the number of visits to stores in Britain spiked in the previous week. Information company Springboard indicated...

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TJX, Ross Store Investors Appear Willing To Wait Out Pandemic
TJX, Ross Store Investors Appear Willing To Wait Out Pandemic
August 21, 2020  |  Retail

Ross Stores and TJX Cos. investors appear to be patient as they await the end to COVID-19 and could potentially see attractive returns after the...

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Mall Owner CBL Properties To File $1.5B Pre-Packaged Chapter 11 Bankruptcy
Mall Owner CBL Properties To File $1.5B Pre-Packaged Chapter 11 Bankruptcy
August 20, 2020  |  Retail

Struggling mall owner CBL Properties intends to file a pre-packaged Chapter 11 bankruptcy to eliminate some $1.5 billion of debt under a plan the company...

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TJX’s Open-Only Comp Sales Fall 3 Pct Amid Pandemic
TJX’s Open-Only Comp Sales Fall 3 Pct Amid Pandemic
August 19, 2020  |  Retail

TJX Cos. announced on Wednesday (Aug. 19) that its overall “open-only comp store” sales were down 3 percent compared to last year for Q2 FY21....

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