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

Supermarkets Lose Personal Care Customers to eCommerce Competition
Supermarkets Lose Personal Care Customers to eCommerce Competition
February 09, 2023  |  Retail

As consumers seek convenience, supermarkets lose personal care product sales to eCommerce, PYMNTS research shows. The Context In an effort to retain their customers, brick-and-mortar...

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Tapestry Weaves Physical Stores and Brand Innovation Into Record Omnichannel Results
Tapestry Weaves Physical Stores and Brand Innovation Into Record Omnichannel Results
February 09, 2023  |  Retail

Luxury showed resilience across the brands of fashion house Tapestry, owner of Coach, Kate Spade and Stuart Weitzman, as a mix of data, artificial intelligence...

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Amazon Possibly Exploring New Format as It Builds Grocery Empire
Amazon Possibly Exploring New Format as It Builds Grocery Empire
February 07, 2023  |  Amazon

Having conquered retail with its digital marketplace, Amazon is taking on grocery with omnichannel offerings. The eCommerce giant appears to be trying out a new...

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Wegmans Replaces Scan-and-Go With Smart Cart Pilot Amid Self-Service Push
Wegmans Replaces Scan-and-Go With Smart Cart Pilot Amid Self-Service Push
February 07, 2023  |  Retail

Wegmans is not done with pay-as-you-go self-service yet; now, the retailer is testing smart carts. The Rochester, N.Y.-based regional supermarket chain, which includes 110 East...

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Simon Property Swaps Eddie Bauer for Larger Stake in Authentic Brands Group
Simon Property Swaps Eddie Bauer for Larger Stake in Authentic Brands Group
February 07, 2023  |  Retail

Simon Property has traded Eddie Bauer for a bigger piece of Authentic Brands. The CEO of America’s largest mall owner made the announcement Monday (Feb....

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Pickup Gets Boost in the US, With India and Brazil Posting Curbside Pickup Gains
Pickup Gets Boost in the US, With India and Brazil Posting Curbside Pickup Gains
February 06, 2023  |  Retail

As physical retail roared back to life in 2022, in-store pickup of items ordered online saw commensurate growth, showing the strong consumer affinity for in-store...

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Consumer Shopping Data Shows Troubling Signs For Grocery Stores’ Future
Consumer Shopping Data Shows Troubling Signs For Grocery Stores’ Future
February 06, 2023  |  Retail

Will Grocery Stores Go the Way of the Department Stores? If grocery store executives want to see what their industry could look like over the...

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Brick-and-Mortar Grocers Bear the Brunt of Consumers’ Inflation Concerns
Brick-and-Mortar Grocers Bear the Brunt of Consumers’ Inflation Concerns
February 03, 2023  |  Consumer Insights

PYMNTS research indicates consumers’ outsized perception of fresh food inflation disproportionately hurts brick-and-mortar grocers. The Context Though online grocery may not be the novelty that...

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Steve Madden to Expand GCC Footprint via Joint Venture
Steve Madden to Expand GCC Footprint via Joint Venture
January 30, 2023  |  Retail

Apparel Group and Steve Madden have entered into a joint venture. The Dubai-based retail group has signed an agreement with the U.S. fashion company to...

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