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

Today In Retail: FedEx Concludes ShopRunner Acquisition; Save A Lot Sells 51 Stores To Fresh Encounter
Today In Retail: FedEx Concludes ShopRunner Acquisition; Save A Lot Sells 51 Stores To Fresh...
December 28, 2020  |  Retail

In today’s top retail news, FedEx Corp. concluded its previously announced purchase of ShopRunner, while Save A Lot unveiled the sale of 51 stores run...

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Five Takeaways From Mastercard’s Holiday Spend Data
Five Takeaways From Mastercard’s Holiday Spend Data
December 28, 2020  |  Retail

It could be argued that for the retail industry to pull off a 3 percent uptick for holiday sales this year was an astonishing feat....

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Many (Un)Happy Returns: Navigating ‘Returnmageddon’
Many (Un)Happy Returns: Navigating ‘Returnmageddon’
December 26, 2020  |  Retail

The big show is over for another year. For the tens of millions of Americans who celebrated Christmas this year the party is over —...

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Past Macy’s CEO Foresees More Retail Store Closings In 2021
Past Macy’s CEO Foresees More Retail Store Closings In 2021
December 22, 2020  |  Retail

Amid a year in which over 11,000 retail closings have been announced, past Macy’s CEO Terry Lundgren foresees that disruption to the retail vertical related...

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Today In Retail: Walmart Unveils Carrier Pickup Service For Returns; Dick’s Sporting Goods Teams With Instacart For Same-Day Delivery
Today In Retail: Walmart Unveils Carrier Pickup Service For Returns; Dick’s Sporting Goods Teams With...
December 21, 2020  |  Retail

In today’s top retail news, Walmart shoppers can return items that are bought through the web and are shipped and sold by Walmart.com without needing...

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Walmart Introduces Carrier Pickup Service For Customer Returns
Walmart Introduces Carrier Pickup Service For Customer Returns
December 21, 2020  |  Retail

Walmart shoppers can return merchandise bought through the web that is shipped and sold by Walmart.com without having to leave their residences. Shoppers can now...

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Fashion Retailer rue21 Strikes Deal To Retire Debt
Fashion Retailer rue21 Strikes Deal To Retire Debt
December 17, 2020  |  Retail

Fashion retailer rue21 (r21 Holdings, Inc.) said that its formidable financial standing enabled it to refinance its current term loan, decrease the cost of funds...

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Today In Retail: JD Sports Acquires California-Based Shoe Palace; Meijer Pharmacies Get Ready For COVID-19 Vaccine
Today In Retail: JD Sports Acquires California-Based Shoe Palace; Meijer Pharmacies Get Ready For COVID-19 Vaccine
December 15, 2020  |  News

In today’s top retail news, JD Sports has bought California-based Shoe Palace, while pharmacies inside of Meijer stores are preparing for a in-depth vaccine administration effort. Plus,...

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Klarna Teams With Verifone To Expand In-Store BNPL Availability
Klarna Teams With Verifone To Expand In-Store BNPL Availability
December 15, 2020  |  Buy Now Pay Later

Swedish buy now, pay later (BNPL) startup Klarna has teamed up with Silicon Valley digital payments firm Verifone to advance availability in physical stores across...

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