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

Kohl’s Q1 Earnings Announcement Features Big Bet On In-Store Traffic
Kohl’s Q1 Earnings Announcement Features Big Bet On In-Store Traffic
May 20, 2021  |  Retail

A funny thing has happened on the way to the demise of the department store. Apparently Macy’s and Kohl’s didn’t get that memo. After Macy’s...

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Petco’s Revenues Soar Amid Growth In Pet Ownership
Petco’s Revenues Soar Amid Growth In Pet Ownership
May 20, 2021  |  Retail

Petco Health and Wellness Company, Inc., which runs more than 1,500 Petco locations throughout the U.S., Mexico and Puerto Rico, said its net revenue surged...

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TJX’s Net Sales Surge As Consumers Resume Normal Activities
TJX’s Net Sales Surge As Consumers Resume Normal Activities
May 19, 2021  |  Retail

The TJX Companies posted $10.1 billion in net sales for the first quarter of fiscal 2022, marking a 129 percent jump from the first quarter...

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Lowe’s US Home Improvement Comp Sales Soar
Lowe’s US Home Improvement Comp Sales Soar
May 19, 2021  |  Retail

Lowe’s Companies reported that comparable sales for its U.S. home improvement business surged by approximately 25 percent for the first quarter, according to a Wednesday (May...

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Post-Pandemic Commerce Starts To Take Shape
Post-Pandemic Commerce Starts To Take Shape
May 18, 2021  |  Commerce

As Macy’s CEO Jeff Gennette told analysts on a Tuesday (May 18) conference call, “Clearly, our customer is ready to get on with life.” And...

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Today In Retail: The Home Depot’s Comp Sales Soar; Ally Brings Financing Offerings To Sezzle’s Platform
Today In Retail: The Home Depot’s Comp Sales Soar; Ally Brings Financing Offerings To Sezzle’s...
May 18, 2021  |  Retail

In today’s top retail news, The Home Depot reported surging comparable sales, while Ally Lending has brought its financing services to Sezzle. Plus, Walmart posted...

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Macy’s Q1 Earnings Show Digital-First Strategy Pays Off
Macy’s Q1 Earnings Show Digital-First Strategy Pays Off
May 18, 2021  |  Retail

Department stores are so 2020. At Macy’s, even though it defined the category for decades, the company worked hard during its earnings call Tuesday (May...

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Walmart Sees Year Of Pent-Up Demand At Stores; Says Consumers ‘Want To Get Out’
Walmart Sees Year Of Pent-Up Demand At Stores; Says Consumers ‘Want To Get Out’
May 18, 2021  |  Retail

The world’s largest brick-and-mortar retailer delivered better than expected top and bottom-line growth Tuesday (May 18), as Walmart said more customers bought merchandise online and...

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Today In Retail: Ralph Lauren Intends To Sell Club Monaco; Dillard’s Retail Sales Jump By 73 Pct
Today In Retail: Ralph Lauren Intends To Sell Club Monaco; Dillard’s Retail Sales Jump By...
May 14, 2021  |  Retail

In today’s top retail news, Ralph Lauren plans to sell its Club Monaco brand to a private equity firm, while Dillard’s total retail sales soared...

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