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

Nordstrom Rack Takes On Renewed Focus as Luxury Retailer Departs Canada
Nordstrom Rack Takes On Renewed Focus as Luxury Retailer Departs Canada
March 02, 2023  |  Retail

Nine years after taking its high-end brand north of the border, luxury retailer Nordstrom says it will now shutter all 13 of its Canadian locations...

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Big Lots CEO Says Higher-Earners Turn to Big Lots for Bargains
Big Lots CEO Says Higher-Earners Turn to Big Lots for Bargains
March 02, 2023  |  Retail

Off-price and discount retailers are responding to an increasingly clear divide between deal chasers compared to other bargain shoppers as the opportunistic value-seeking trend has...

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54% of Grocery Shoppers Say They Won’t Buy Meat Online
54% of Grocery Shoppers Say They Won’t Buy Meat Online
March 01, 2023  |  Consumer Insights

Consumers may enjoy eCommerce convenience, but PYMNTS research shows most stick to brick-and-mortar for perishables. For PYMNTS’ study “Changes in Grocery Shopping Habits and Perception,”...

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Fabletics Says Info-Empowered Shoppers Demand ‘Authentic’ Real-Time Responses
Fabletics Says Info-Empowered Shoppers Demand ‘Authentic’ Real-Time Responses
February 23, 2023  |  Retail

At a time when more shopping is being done on mobile devices or with one in-hand, the need for a synchronous experience is a retail...

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Innovative Department Store Chain Neighborhood Goods Back on Growth Track
Innovative Department Store Chain Neighborhood Goods Back on Growth Track
February 22, 2023  |  Retail

The recovery of physical retail is also bringing new levels of innovation and experimentation to the in-store experience as the online and physical worlds meet...

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Retailers Tap Partnerships to Enable Pay by Bank at Checkout
Retailers Tap Partnerships to Enable Pay by Bank at Checkout
February 17, 2023  |  Retail

Merchants playing catch-up with consumer payment choice may more easily offer options with a third-party partnership. Retailers operating primarily in the brick-and-mortar space have had...

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Apple Could Deny BNPL Access Based on Consumer History With Company
Apple Could Deny BNPL Access Based on Consumer History With Company
February 15, 2023  |  Apple

Taking part in Apple’s Pay Later service might depend on your history with Apple. The company will apparently evaluate potential customers based on their past...

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Fresh Produce Keeps Consumers Coming Back to Brick-and-Mortar Grocers
Fresh Produce Keeps Consumers Coming Back to Brick-and-Mortar Grocers
February 13, 2023  |  Retail

Despite eGrocery advances, PYMNTS research shows that when it comes to fresh produce, consumers still overwhelmingly prefer physical stores. The Context Grocery shoppers do not...

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Digital Wallet Use Surges Online but Lags for In-Store Purchases
Digital Wallet Use Surges Online but Lags for In-Store Purchases
February 13, 2023  |  Retail

The return to physical retail was perhaps the bigger story of 2022, but the rising number of consumers shopping online and paying with digital wallets...

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