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

Ross Stores’ Traffic Lowered By Pandemic
Ross Stores’ Traffic Lowered By Pandemic
March 03, 2021  |  Retail

Off-price apparel and home fashion chain Ross Stores, Inc., which has 1,585 locations in 40 states, said that fourth-quarter sales came out ahead of its forecasts, although...

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Shopping Malls Lose $4 Billion In Value After Reappraisals
Shopping Malls Lose $4 Billion In Value After Reappraisals
March 02, 2021  |  Retail

Shopping malls, once a vital part of the American landscape and the backbone of the retail industry, have seen real estate values plummet an average...

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Kohl’s Digital Sales Temper Broader Revenue Decline
Kohl’s Digital Sales Temper Broader Revenue Decline
March 02, 2021  |  Retail

Kohl’s, the embattled operator of 1,100 department stores, said Tuesday (March 2) that its fourth quarter sales fell 10.1 percent, tempered by a 21 percent increase...

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‘Safe, Reliable, Convenient’: Target Posts Record Digital, Q4 And 2020 Results  
‘Safe, Reliable, Convenient’: Target Posts Record Digital, Q4 And 2020 Results  
March 02, 2021  |  Retail

Target, the country’s second-largest retailer, said on Tuesday (Mar. 2) that years of investment into its omnichannel capabilities drove record sales and earnings for the...

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AutoZone Expands Retail Presence As Net Sales Climb
AutoZone Expands Retail Presence As Net Sales Climb
March 02, 2021  |  Retail

AutoZone, Inc., an automotive parts and accessories retailer, reported that net sales jumped 15.8 percent in the second quarter of fiscal 2021 as it expanded...

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Amazon Go To Launch In UK Amid Lackluster Physical Store Sales 
Amazon Go To Launch In UK Amid Lackluster Physical Store Sales 
March 01, 2021  |  Retail

Amazon will soon open its first Amazon Go store in Ealing, West London, according to the Daily Mail. The news comes months after the retail...

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Apple Has Reopened All 270 US Retail Stores
Apple Has Reopened All 270 US Retail Stores
March 01, 2021  |  Retail

Apple has reopened all 270 of its U.S. stores for the first time since all retail locations were closed due to the COVID-19 pandemic that...

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Nordstrom Plans To Bring 40 Mini Tonal Shops To Its Stores
Nordstrom Plans To Bring 40 Mini Tonal Shops To Its Stores
March 01, 2021  |  Retail

Nordstrom will be bringing 40 mini Tonal shops to its retail locations as part of the retailer’s active department adjacent to fitness clothing and other...

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Foot Locker Comp Sales Drop 2.7 Pct
Foot Locker Comp Sales Drop 2.7 Pct
February 26, 2021  |  Retail

Foot Locker, Inc. reported on Friday (Feb. 26) as part of its financial results that fourth-quarter comparable-store sales fell by 2.7 percent, according to a...

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