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

Pet Supply Stores Lose Sales Occasions to eCommerce Rivals
Pet Supply Stores Lose Sales Occasions to eCommerce Rivals
February 20, 2024  |  Subscriptions

Traditional brick-and-mortar pet supply stores may want to watch their backs, as digitally native players keep consumers at home with subscription options. By the Numbers...

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Walmart eCommerce Sales Gain on Pickup and Delivery, Marketplace Sellers Up 20%
Walmart eCommerce Sales Gain on Pickup and Delivery, Marketplace Sellers Up 20%
February 20, 2024  |  Earnings

Walmart’s latest results show continued momentum in digital commerce and the buildout of its online marketplace. The company said on Tuesday (Feb. 20) that overall...

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Dove Makes Sure Pop-Up Bubble Hasn’t Popped 
Dove Makes Sure Pop-Up Bubble Hasn’t Popped 
February 17, 2024  |  Retail

The pop-up shop may not be the novel trend it once was, but brands are still using the buzz-generating model to create real-world connections with...

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PNC Bank to Add 100 Locations, Renovate 1,200 Through 2028
PNC Bank to Add 100 Locations, Renovate 1,200 Through 2028
February 14, 2024  |  Banking

PNC Bank will invest $1 billion to open more than 100 new locations and renovate 1,200 existing ones through 2028. The bank currently has about...

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Trouble Ahead for Department Stores as Luxury Brands Move Direct-to-Consumer
Trouble Ahead for Department Stores as Luxury Brands Move Direct-to-Consumer
February 12, 2024  |  Retail

As luxury brands increasingly find ways to create direct relationships with their customers, high-end department store chains are facing new challenges. Ralph Lauren, for its...

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Amazon Chips Away at Walmart Grocery Lead With Unified Pickup Options
Amazon Chips Away at Walmart Grocery Lead With Unified Pickup Options
February 09, 2024  |  Retail

As Amazon continues to try to shrink the gap between its own share of consumers’ grocery spending and Walmart’s, the eCommerce giant is retooling its...

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Nuvei Unveils Omnichannel Payments Tool for Merchants and Platforms
Nuvei Unveils Omnichannel Payments Tool for Merchants and Platforms
February 07, 2024  |  Payment Methods

Canadian FinTech Nuvei has launched an enhanced omnichannel payments solution for merchants and platforms. The unified commerce offering, being made available to customers outside of North America for...

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Report: Alibaba Gauges Potential Buyers’ Interest in Brick-and-Mortar Businesses
Report: Alibaba Gauges Potential Buyers’ Interest in Brick-and-Mortar Businesses
February 02, 2024  |  Retail

Chinese tech giant Alibaba Group is reportedly considering selling several of its brick-and-mortar businesses, including grocery business Freshippo, retailer RT-Mart and shopping mall operator Intime....

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Walmart Counters Amazon’s eCommerce Lead With Omnichannel Tech
Walmart Counters Amazon’s eCommerce Lead With Omnichannel Tech
February 02, 2024  |  Retail

As Walmart looks to shrink Amazon’s growing lead in consumer retail spending, the mega-retailer is turning to new technologies to merge the digital and physical...

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