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

Walmart and Amazon Compete for Deal-Seeking Electronics Customers
Walmart and Amazon Compete for Deal-Seeking Electronics Customers
March 22, 2024  |  Retail

Walmart is looking to MacBooks to drive up its share of consumer electronics spending as Amazon continues to widen its lead in the category. The...

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Budget-Strapped Consumers Less Likely to Splurge on Fancy Yoga Pants
Budget-Strapped Consumers Less Likely to Splurge on Fancy Yoga Pants
March 21, 2024  |  Retail

As consumers continue to feel the economic pressures, Lululemon is seeing shoppers spend more cautiously. The athletic apparel retailer saw challenges in the United States,...

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Walmart Courts Affluence as Wealthier Shoppers Trade Down
Walmart Courts Affluence as Wealthier Shoppers Trade Down
March 21, 2024  |  Retail

Walmart is reportedly making a renewed effort to entice wealthier shoppers. As Bloomberg News reported Thursday, the retail giant is renovating or building more than 800 locations across...

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Retailers’ Self-Checkout Enthusiasm Dwindles Amid Elevated Theft
Retailers’ Self-Checkout Enthusiasm Dwindles Amid Elevated Theft
March 21, 2024  |  Retail

As retailers look for new ways to save on labor, the disadvantages of going all in on self-checkout are coming to light, with Five Below...

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Are Brick-and-Mortar Bank Branches Cool Again?
Are Brick-and-Mortar Bank Branches Cool Again?
March 20, 2024  |  Banking

Digital banking is all the rage, right? Who can resist the convenience of using a bank app to balance accounts while waiting for the barista...

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Shell Divesting 1,000 Retail Locations as Convenience Stores Take a Hit
Shell Divesting 1,000 Retail Locations as Convenience Stores Take a Hit
March 19, 2024  |  Retail

Shell is offloading retail locations in a shift to B2B, as across the convenience retail industry, key players are feeling the impacts of ongoing economic...

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Nordstrom Mulls New Privatization Bid as Department Stores Struggle
Nordstrom Mulls New Privatization Bid as Department Stores Struggle
March 19, 2024  |  Retail

Nordstrom’s founding family is reportedly mounting another effort to take the retailer private. The department store chain is in negotiations with banks on the deal, Reuters reported...

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Retailer Concerns About Organized Crime Escalate Amid Ongoing Losses
Retailer Concerns About Organized Crime Escalate Amid Ongoing Losses
March 18, 2024  |  Retail

As retailers face ongoing margin pressures from a difficult economic environment, many are growing increasingly concerned about the losses they may be accruing from theft...

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Bookstores Regain Ground as Consumers Seek In-Person Engagement
Bookstores Regain Ground as Consumers Seek In-Person Engagement
March 15, 2024  |  Retail

Consumers’ shift to eCommerce has not killed the bookstore yet. From industry giants’ recoveries to the reemergence of independent players in the space, the bookstore...

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