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

Online Sales Plateau as Consumer Spending Focuses on Gas and Groceries
Online Sales Plateau as Consumer Spending Focuses on Gas and Groceries
September 14, 2023  |  Economy

Consumers are in the aisles, spending on groceries, the clothes on their backs — and at brick-and-mortar locales, pivoting a bit from online channels. At...

READ MORE >
Consumers Are Increasingly Going to Supermarkets Only to Buy Food
Consumers Are Increasingly Going to Supermarkets Only to Buy Food
September 13, 2023  |  eCommerce

As eCommerce picks away at brick-and-mortar grocers’ share of center-aisle sales, shoppers are increasingly seeing the supermarket as a place to buy just food —...

READ MORE >
Westfield Owner Rethinks Mall Plans as Brick-and-Mortar Persists
Westfield Owner Rethinks Mall Plans as Brick-and-Mortar Persists
September 12, 2023  |  Retail

The owner of the Westfield malls group is reportedly rethinking its plan to exit the U.S. Instead, The Wall Street Journal reported Tuesday (Sept. 12), Paris-based Unibail-Rodamco-Westfield will hold...

READ MORE >
As Retailers Think Smaller and Leaner, Dollar General Is Going Bigger on Store Formats
As Retailers Think Smaller and Leaner, Dollar General Is Going Bigger on Store Formats
August 31, 2023  |  Retail

While other retailers are focusing on going smaller and leaner, Dollar General is looking to go bigger.   “I am very, very pleased with the new...

READ MORE >
Victoria’s Secret CEO Says Less May Be More for Shoppers
Victoria’s Secret CEO Says Less May Be More for Shoppers
August 31, 2023  |  Retail

The “less is more” approach seems to be a winning strategy for Victoria’s Secret, as the lingerie retailer showcased a robust August despite a weak quarter. This...

READ MORE >
Ulta Beauty Members Embrace In-Store Experience: 75% Opt for In-Store Transactions  
Ulta Beauty Members Embrace In-Store Experience: 75% Opt for In-Store Transactions  
August 28, 2023  |  Retail

While beauty companies Laneige and Charlotte Tilbury have sought to enter the virtual realm with virtual storefronts to connect and transact with consumers, Ulta Beauty’s...

READ MORE >
Shein’s Forever 21 Returns Deal Spotlights Key Omnichannel Strategy
Shein’s Forever 21 Returns Deal Spotlights Key Omnichannel Strategy
August 24, 2023  |  Retail

The recent news that Shein and Forever 21 are linking up to cross-sell underscores the importance of returns as part of the commerce continuum. As...

READ MORE >
Simon Property Banks on Strong Tenant Demand, Increasing Occupancy
Simon Property Banks on Strong Tenant Demand, Increasing Occupancy
August 02, 2023  |  Earnings

Simon Property Group (SPG), the largest mall owner and developer in the U.S., posted strong second quarter (Q2) results on Wednesday (Aug. 2) amid headwinds...

READ MORE >
Report: Malls Trapped in ‘Awful Cycle’ as Values Plummet
Report: Malls Trapped in ‘Awful Cycle’ as Values Plummet
July 31, 2023  |  Retail

Seven years after their valuations peaked, America’s malls are on the ropes. As The Wall Street Journal (WSJ) reported Monday (July 31), the country’s older and lower-end...

READ MORE >