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 Aims to Build or Revamp 150 Stores in Five Years
Walmart Aims to Build or Revamp 150 Stores in Five Years
January 31, 2024  |  Walmart

Walmart will build, convert or remodel hundreds of stores over the next five years. The retail giant announced in a Wednesday (Jan. 31) press release...

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Walmart Expands Virtual Try-On Tech to Eyewear
Walmart Expands Virtual Try-On Tech to Eyewear
January 30, 2024  |  Retail

Walmart is expanding its use of augmented and virtual reality technology to include eyewear. The world’s largest retailer’s new offering, announced Tuesday (Jan. 30), comes at a...

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Yelp Unveils AI-Powered Business Summaries
Yelp Unveils AI-Powered Business Summaries
January 30, 2024  |  Artificial Intelligence

Online business review forum Yelp has added more (artificial intelligence) AI-powered search tools. “For years, we’ve leveraged AI to help reduce consumers’ decision paralysis — from spotlighting...

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Walmart Aims to Provide Guiding Light to Wandering Shoppers
Walmart Aims to Provide Guiding Light to Wandering Shoppers
January 30, 2024  |  Retail

Lost in the supermarket? Walmart says it has a solution. Look for the blinking light. The retail giant has begun testing digital labels that — after being activated by...

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Nearly 1 in 5 Retail Subscribers Prefer to Shop in-Store
Nearly 1 in 5 Retail Subscribers Prefer to Shop in-Store
January 23, 2024  |  Retail

In recent years, retail subscription platforms have introduced enhanced features like the ability to pause the subscription with no cost or free shipping to help...

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3 in 10 Convenience Stores Look to Smart Shelf Tags to Keep Shoppers Engaged
3 in 10 Convenience Stores Look to Smart Shelf Tags to Keep Shoppers Engaged
January 19, 2024  |  Retail

As connected technologies take over brick-and-mortar stores, convenience retailers are increasingly seeing smart shelf tags as key to providing a positive shopper experience. By the...

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UK Grocer Sainsbury’s Announces Plan to Exit Banking Business
UK Grocer Sainsbury’s Announces Plan to Exit Banking Business
January 18, 2024  |  Banking

British grocer Sainsbury’s is planning to slowly but surely phase out its banking business. The move follows a strategic review of the company’s banking arm, the supermarket chain...

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NielsenIQ and TransUnion Team on Targeted Retail Ads
NielsenIQ and TransUnion Team on Targeted Retail Ads
January 17, 2024  |  Partnerships

Data analytics firm NielsenIQ has launched an agreement with TransUnion’s marketing solutions business, TruAudience. The collaboration, announced Wednesday (Jan. 17), combines NielsenIQ’s first-party data on fast-moving consumer goods (FMCG)...

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Retailers Rethink Malls as Other Locations Report Stronger Sales
Retailers Rethink Malls as Other Locations Report Stronger Sales
January 15, 2024  |  Retail

In the latest sign of trouble for the mall, several national retailers are moving outdoors. That’s according to a Monday (Jan. 15) Wall Street Journal...

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