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 To Add 17 Dedicated In-Store Apple Shops
Target To Add 17 Dedicated In-Store Apple Shops
February 25, 2021  |  Retail

Target is expanding its 15-year partnership with Apple to open 17 in-store shops that will be dedicated solely to its products, and will double the...

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Today In Retail: Belk Finishes Financial Restructuring; Klarna Reports $53 Billion In GMV For 2020
Today In Retail: Belk Finishes Financial Restructuring; Klarna Reports $53 Billion In GMV For 2020
February 25, 2021  |  Retail

In today’s top retail news, Belk has finished its financial restructuring, while Klarna reported $53 billion in gross merchandise volume (GMV) for 2020. Plus, Afterpay...

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TJX Touts Strength Of HomeGoods Unit, Awaits Return Of ‘Revenge Shopper’
TJX Touts Strength Of HomeGoods Unit, Awaits Return Of ‘Revenge Shopper’
February 25, 2021  |  Retail

Given that roughly 15 percent, or 690, of TJX Corporation’s off-price retail stores in Europe and Canada are currently still closed due to pandemic restrictions,...

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Department Store Retailer Belk Completes Financial Restructuring
Department Store Retailer Belk Completes Financial Restructuring
February 25, 2021  |  Retail

Belk has finished its financial restructuring, working out an accelerated pre-packaged single-day reorganization. The department store retailer’s plan of reorganization garnered near-full support from its...

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Today In Retail: GoFor Debuts ‘Shop Local’ Initiative In US Cities; CVS Health Will Offer COVID-19 Vaccines In Six More States
Today In Retail: GoFor Debuts ‘Shop Local’ Initiative In US Cities; CVS Health Will Offer...
February 24, 2021  |  Retail

In today’s top retail news, GoFor Industries has debuted a “Shop Local” effort in some U.S. cities, while certain CVS Pharmacy stores in six additional...

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Macy’s Embraces ‘Omnichannel Digital Retailer’ Mantra, But Lags Behind Peers
Macy’s Embraces ‘Omnichannel Digital Retailer’ Mantra, But Lags Behind Peers
February 23, 2021  |  Retail

Macy’s reported on its Q4 and FY results on Tuesday (Feb. 23), which were led by a 21 percent increase in digital sales and rising...

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With 1,100 Stores, Does A Kohl’s Comeback Begin In The Boardroom?
With 1,100 Stores, Does A Kohl’s Comeback Begin In The Boardroom?
February 22, 2021  |  Retail

Macy’s may sell more stuff, but when it comes to store count, Kohl’s is second to none, with 1,100 locations in its portfolio. It’s a...

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Camping World Signs Deal To Buy Maine Location
Camping World Signs Deal To Buy Maine Location
February 22, 2021  |  Retail

Camping World Holdings, Inc. said on Monday (Feb. 22) that it has inked a deal to purchase Lee’s Family Trailer in Windham, Maine. The deal...

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Today In Retail: Abound Lands $22.9 Million In Series A; Kirkland’s Projects 1.8 Pct Comp Sales Increase
Today In Retail: Abound Lands $22.9 Million In Series A; Kirkland’s Projects 1.8 Pct Comp...
February 19, 2021  |  News

In today’s top retail news, Abound landed nearly $23 million in a Series A funding round, while Kirkland’s, Inc. anticipates a comparable sales rise of...

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