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

Rent The Runway To Shutter Stores, Focus On Digital Shift
Rent The Runway To Shutter Stores, Focus On Digital Shift
August 14, 2020  |  Retail

Capping what has been a tough 2020 so far for clothing consignment and rentals, Rent the Runway announced Friday (Aug. 14) that it is closing...

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July Retail Sales Rise 1.2 Pct From June
July Retail Sales Rise 1.2 Pct From June
August 14, 2020  |  Retail

The U.S. Census Bureau reported estimated advanced U.S. retail and food services sales for July of $536 billion, marking a rise of 1.2 percent (±...

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Off-Price Retailer Stein Mart Files For Chapter 11
Off-Price Retailer Stein Mart Files For Chapter 11
August 13, 2020  |  Retail

Off-price specialty retailer Stein Mart, Inc. filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Middle District of Florida, Jacksonville Division...

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Hudson’s Bay, Canadian Tire Predicted To Face Difficulties
Hudson’s Bay, Canadian Tire Predicted To Face Difficulties
August 12, 2020  |  Retail

As Canadian Tire and Hudson’s Bay Company (HBC) had not successfully changed to meet the shifting shopping routines of customers even pre-pandemic, one expert claims...

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Large Retail Chains Start To Leave Big Apple Amid Pandemic
Large Retail Chains Start To Leave Big Apple Amid Pandemic
August 12, 2020  |  Retail

Signs are emerging that large retail chains are beginning to leave New York City, although the municipality has kept COVID-19 in check and is gradually...

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Embattled Industries Pay Less Rent In July
Embattled Industries Pay Less Rent In July
August 09, 2020  |  Economy

Pandemic-ravaged businesses are having trouble meeting rent during the coronavirus pandemic, as evidenced by the fact that many tenants have only partially paid for July,...

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Microsoft To Shutter Brick-And-Mortar Stores In ‘Strategic Change’
Microsoft To Shutter Brick-And-Mortar Stores In ‘Strategic Change’
June 26, 2020  |  Retail

Microsoft is shuttering brick-and-mortar locations as it unveils a “strategic change” in the way it runs its retail business. The technology firm’s retail staffers will...

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Best Buy To Let Customers Shop Without Appointments At 800+ Stores
Best Buy To Let Customers Shop Without Appointments At 800+ Stores
June 10, 2020  |  Retail

As it invites more customers into its stores, Best Buy Co. Inc. said that shoppers will have the ability to “safely and freely” shop at...

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New Study Shows Retailers Are Stepping Up For Safety
New Study Shows Retailers Are Stepping Up For Safety
June 05, 2020  |  Retail

With the most recent COVID-19 studies from PYMNTS reinforcing the need for health and safety in the retail world, some retailers are stepping up to...

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