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

Target’s Permanent Thanksgiving Closure Pressures Rival Retailers To Follow Suit
Target’s Permanent Thanksgiving Closure Pressures Rival Retailers To Follow Suit
November 23, 2021  |  Retail

If those Thanksgiving Day doorbuster stampedes of yore aren’t officially dead, they’re definitely on life support.   This unseemly holiday afternoon spectacle, a staple of evening...

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Handbag Reseller Marque Luxury Nets $20M 
Handbag Reseller Marque Luxury Nets $20M 
November 22, 2021  |  Investments

The pre-owned luxury goods provider Marque Luxury has landed $20 million in funding provided by Provident Capital Partners.  According to a press release on Monday...

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Target Announces Permanent Thanksgiving Day Closure
Target Announces Permanent Thanksgiving Day Closure
November 22, 2021  |  Retail

Target is keeping its stores closed permanently on Thanksgiving Day, according to an Associated Press report on Monday (Nov. 22), indefinitely extending a practice that...

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To Compete With Amazon, Department Stores Need to Think Like a Marketplace
To Compete With Amazon, Department Stores Need to Think Like a Marketplace
November 19, 2021  |  Retail

After years of decline, department stores are seeing a resurgence in traffic, with Mastercard SpendingPulse projecting they’ll see 40% year-over-year growth over the week of...

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Today in Restaurant and Grocery Tech: Amazon Takes on QSR Industry; Sweetgreen Beats Pricing Estimates 
Today in Restaurant and Grocery Tech: Amazon Takes on QSR Industry; Sweetgreen Beats Pricing Estimates 
November 18, 2021  |  ResTech

Today in restaurant and grocery tech news, Sweetgreen announces initial public offering (IPO) share pricing above its previous projections, and Amazon partners with Starbucks for...

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CVS Shifting Focus to Health Services Amid 900-Store Closure
CVS Shifting Focus to Health Services Amid 900-Store Closure
November 18, 2021  |  Retail

Retail, pharmacy and healthcare company CVS Health Corp. on Thursday (Nov. 18) announced that it’s adding primary care offices at some of its locations and...

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Starbucks Debuts Cashierless Café Powered By Amazon Go 
Starbucks Debuts Cashierless Café Powered By Amazon Go 
November 18, 2021  |  Retail

Global coffee chain Starbucks on Thursday (Nov. 18) cut the ribbon on its first location that utilizes a cashierless approach powered by Amazon Go, the...

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Retail Earnings Show Online Slowdown is In-Store’s Gain
Retail Earnings Show Online Slowdown is In-Store’s Gain
November 17, 2021  |  Retail

If online sales growth is slowing, and overall retail spend is on the rise (even accounting for inflation), it stands to reason that on-site shopping...

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Walmart Results Show Omnichannel Consumers Still Like to Shop in Stores
Walmart Results Show Omnichannel Consumers Still Like to Shop in Stores
November 16, 2021  |  Retail

If there were any doubts that the omnichannel consumer is here to stay, Walmart’s latest results, out this morning (Nov. 16), might dispel them. They...

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