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

Gojek Buys Stake In Indonesian Hypermarket Matahari
Gojek Buys Stake In Indonesian Hypermarket Matahari
May 14, 2021  |  Partnerships / Acquisitions

Indonesia’s ride-hailing firm Gojek acquired a 4.76 percent stake in the hypermarket business Matahari Putra Prima from its parent company Multipolar, Nikkei Asia reported.  The...

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Lightspeed Partners With Google To Boost Bottom Line For Local Merchants
Lightspeed Partners With Google To Boost Bottom Line For Local Merchants
May 14, 2021  |  Retail

Omnichannel commerce platform Lightspeed is teaming up with Google to help local merchants boost revenues as the world reopens post-pandemic.  Lightspeed is now integrating Google...

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Neighborhood Goods CEO Sees ‘Massive Opportunity’ In Physical Retail Right Now
Neighborhood Goods CEO Sees ‘Massive Opportunity’ In Physical Retail Right Now
May 14, 2021  |  Retail

With 14 months’ worth of pandemic-related lockdowns and retail capacity limitations finally starting to loosen up and consumers eager to get out and shop, eat...

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Today In Retail: HanesBrands Net Sales Rise By 25 Pct; L Brands Reveals Spin-Off Of Victoria’s Secret
Today In Retail: HanesBrands Net Sales Rise By 25 Pct; L Brands Reveals Spin-Off Of...
May 11, 2021  |  Retail

In today’s top retail news, HanesBrands posted $1.51 billion in net sales from continuing operations for Q1, while L Brands’ board has unanimously approved a...

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Luxury Secondhand Retailer The RealReal Adding Stores As Sales And Customers Rise
Luxury Secondhand Retailer The RealReal Adding Stores As Sales And Customers Rise
May 11, 2021  |  Retail

The RealReal, which operates the world’s largest online marketplace for secondhand luxury goods, said it will add additional “neighborhood stores” in affluent communities as it...

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Simon Property Says Crocs Is ‘Killing It’ As Demand From Brands, Restaurants, Apparel Rises
Simon Property Says Crocs Is ‘Killing It’ As Demand From Brands, Restaurants, Apparel Rises
May 11, 2021  |  Retail

The country’s largest mall owner said the improving domestic economy is driving an increase in shopper sentiment and improving foot traffic and sales across its...

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D2Cs And Digitally Native Brands Opening Stores Could Save Malls
D2Cs And Digitally Native Brands Opening Stores Could Save Malls
May 11, 2021  |  Retail

After thinning the herd over the past decade and pushing many shopping malls to the brink of extinction, new research shows that an array of...

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Adidas, DraftKings, Planet Fitness See Sports Rebound As Consumers Look To Play Again
Adidas, DraftKings, Planet Fitness See Sports Rebound As Consumers Look To Play Again
May 07, 2021  |  Retail

After more than a year of lockdowns and COVID-related lifestyle restrictions, consumers’ pent-up demand and desire to play again could be seen in a trio...

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Grocery Roundup: Brick-And-Mortar Sales Growth Slows As Meal Kits Gain Ground
Grocery Roundup: Brick-And-Mortar Sales Growth Slows As Meal Kits Gain Ground
May 06, 2021  |  Retail

As newly vaccinated consumers return to restaurants for dine-in experiences, grocery sales remain elevated, but growth is slowing. In a news release on Monday (May...

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