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

Consumers Across Financial Lifestyles Want Malls That Fit Their Needs
Consumers Across Financial Lifestyles Want Malls That Fit Their Needs
May 21, 2024  |  Retail

While malls may not often be associated with living the high life, luxury and aspirational shoppers want to get all their retail needs met in...

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Mall of America Leads Push to Unique On-Site Experiences
Mall of America Leads Push to Unique On-Site Experiences
May 20, 2024  |  Retail

As shoppers turn to eCommerce channels for convenience, many are still willing to go to brick-and-mortar malls for unique, site-specific experiences. Seizing on this demand, Mall...

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Consumers Are Leaving Major Cities, Slowing Retail’s Digital Transformation
Consumers Are Leaving Major Cities, Slowing Retail’s Digital Transformation
May 17, 2024  |  Retail

The impact of the pandemic on consumers’ geographic distribution has continued, with shoppers increasingly residing outside of major urban areas, and this trend away from...

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Self-Serve and Digital-First Channels Can Populate ‘Banking Deserts’
Self-Serve and Digital-First Channels Can Populate ‘Banking Deserts’
May 17, 2024  |  Financial Inclusion

Banks have been fine-tuning their branch efforts as the pandemic recedes, shuttering locations in some markets and building new outposts in others. The Federal Reserve...

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Mytheresa: The Aspirational Luxury Shopper Is Coming Back
Mytheresa: The Aspirational Luxury Shopper Is Coming Back
May 16, 2024  |  Earnings

After years of financial challenges (and consequent consumer cutbacks) prompting luxury merchants to focus more on shoppers with plenty of cash to burn, it seems...

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Walmart’s Luminate Data Platform Goes International
Walmart’s Luminate Data Platform Goes International
May 16, 2024  |  Walmart

Three years after its launch in the United States, Walmart Luminate, the retailer’s insights solution, is being rolled out worldwide. Walmart’s data analytics product suite will be...

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Fashion Shoppers’ Shift to Digital Sends Physical Retailers Packing
Fashion Shoppers’ Shift to Digital Sends Physical Retailers Packing
May 14, 2024  |  Retail

Consumers are increasingly buying clothing from third-party digital marketplaces, forcing more retailers to close shop. Most recently, Ted Baker’s North American business announced Friday (May 10) that amid...

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Consumers’ Click-and-Mortar™ Expectations Shape Shopify’s Future
Consumers’ Click-and-Mortar™ Expectations Shape Shopify’s Future
May 08, 2024  |  Earnings

Digital may have changed the face of retail, but consumers continue to want to shop in stores, demanding that even the most eCommerce-centric companies such...

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Online Engagement Transforms Shoppers’ In-Store Expectations
Online Engagement Transforms Shoppers’ In-Store Expectations
May 07, 2024  |  Retail

As shoppers integrate digital technologies into their retail journeys before and after entering the store, their brick-and-mortar expectations are evolving. PYMNTS’ Q1 eBook, “The Implications of...

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