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

Enticing Millennials With Experiences Using ‘Neighborhood Goods’
Enticing Millennials With Experiences Using ‘Neighborhood Goods’
June 21, 2018  |  Retail

The old model of opening a retail store with merchandise as a main focus of the space may not appeal to today’s consumers – millennials...

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Pay By Face: 3D Facial Recognition And Frictionless Checkout
Pay By Face: 3D Facial Recognition And Frictionless Checkout
June 21, 2018  |  Authentication

It’s one of the ideals of payments and commerce, a vision that drives so much research and experimentation: Making it through a store checkout lane...

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American Dream Miami Receives Approval From Florida Officials
American Dream Miami Receives Approval From Florida Officials
June 20, 2018  |  Retail

The 6.2 million-square-foot American Dream Miami — potentially the most expensive mall ever built — has received approval from officials in a Florida county. The project,...

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Rent-A-Center Sold For $1.37B
Rent-A-Center Sold For $1.37B
June 19, 2018  |  Consumer Finance

Rent-A-Center‘s decision to sell itself to Vintage Capital comes amid a continuing expansion of so-called “alt lending” options for consumers, which could make it more...

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BJ’s Plans To Issue 37.5M Shares In IPO
BJ’s Plans To Issue 37.5M Shares In IPO
June 19, 2018  |  Retail

With its initial public offering (IPO) on the horizon, BJ’s Wholesale Club said in a regulatory filing that it anticipates offering 37.5 million shares. The...

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AEVI CEO: SMBs Battle To Stay Focused In A Fragmented World Of POS Features
AEVI CEO: SMBs Battle To Stay Focused In A Fragmented World Of POS Features
June 19, 2018  |  SMBs

The pace of advancement in retail has been so fast in recent years, AEVI CEO Mike Camerling told Karen Webster in a recent conversation, that...

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Retail Pulse: The Price Must Be Right
Retail Pulse: The Price Must Be Right
June 15, 2018  |  Retail

It’s been a week of experimentation in retail, with many big names opening new types of stores to — as the saying goes — see...

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ALDI And Big Lots Are Among Successful Bidders For Toys R Us Stores
ALDI And Big Lots Are Among Successful Bidders For Toys R Us Stores
June 15, 2018  |  Retail

As the liquidation of Toys R Us marches on, retailers are bidding on the toy store’s brick-and-mortar locations. The latest successful bidders include ALDI, Ollie’s...

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Five at Five: Microsoft Takes on Amazon
Five at Five: Microsoft Takes on Amazon
June 14, 2018  |  News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today we have stories about Microsoft moving into Amazon territory,...

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