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

Rite Aid Shares Soar as Chain Announces Store Closure Plan 
Rite Aid Shares Soar as Chain Announces Store Closure Plan 
December 21, 2021  |  Retail

Rite Aid Corporation shares were up almost 20% early on Tuesday (Dec. 21) after the company announced it has kicked off a plan to close...

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How Retail is Turning Closed Stores Into New Opportunities
How Retail is Turning Closed Stores Into New Opportunities
December 20, 2021  |  Retail

Black Friday proved to be an exceptionally dark place for some retailers this year. For some, it may prove to be their last one ever....

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Biometrics ID Service for Air Travelers Clear Secure Coming to Retailers
Biometrics ID Service for Air Travelers Clear Secure Coming to Retailers
December 16, 2021  |  Biometrics

Biometrics identification services company Clear Secure — known for its expedited airline screening products — is taking its technology beyond airports and into shopping malls...

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Department Store 2.0: Three Key Trends
Department Store 2.0: Three Key Trends
December 16, 2021  |  Retail

The majority of consumers shop both in-person and virtually. According to PYMNTS data, 88% of consumers make an in-store purchase daily, weekly or monthly. Sixty-three...

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Thrasio Adds Product Development, Launch Capabilities to Acquisition Expertise
Thrasio Adds Product Development, Launch Capabilities to Acquisition Expertise
December 15, 2021  |  Partnerships / Acquisitions

On Wednesday (Dec. 15), third-party aggregator Thrasio Holdings, Inc. — which boasts more than $1 billion in annual revenue and more than 200 brands under...

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Lowe’s Predicts Lower Sales From Fall in Pandemic DIY Projects
Lowe’s Predicts Lower Sales From Fall in Pandemic DIY Projects
December 15, 2021  |  Retail

Lowe’s had a disappointing sales outlook for investors this week, with the company bringing up concerns that the pandemic’s increase in DIY projects is now...

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Neiman Marcus Could Split Into Three Businesses
Neiman Marcus Could Split Into Three Businesses
December 15, 2021  |  Retail

Neiman Marcus could split into three different businesses as part of a corporate restructuring that would separate its website from its brick-and-mortar stores. As The...

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Roland Revamps Its In-Store Retail Experience
Roland Revamps Its In-Store Retail Experience
December 15, 2021  |  Retail

Musical instrument manufacturer Roland on Wednesday (Dec. 15) announced the rollout of a personalized technology, branded Audience Specific Experience ASX, which allows stores to control...

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Slumping Department Store and Electronics Purchases Cut Nov Retail Sales to 0.3%
Slumping Department Store and Electronics Purchases Cut Nov Retail Sales to 0.3%
December 15, 2021  |  Retail

Total retail sales slowed to a much weaker than expected 0.3% in November, as sharp declines at department stores and electronics and appliance dealers pulled...

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