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

Department Stores Adapt to Difficult Season, Count On Revenge Shopping
Department Stores Adapt to Difficult Season, Count On Revenge Shopping
December 14, 2020  |  Retail

There are less than two weeks until Christmas, and the retail industry, as per usual in 2020, finds itself in uncharted territory. The season has...

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Bed Bath & Beyond Strikes Deal To Sell Cost Plus World Market
Bed Bath & Beyond Strikes Deal To Sell Cost Plus World Market
December 14, 2020  |  Retail

Bed Bath & Beyond Inc. has entered into a definitive deal to sell Cost Plus World Market to California-based Kingswood Capital Management, according to a Monday...

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Tis The Season….For Omnichannel Returns?
Tis The Season….For Omnichannel Returns?
December 10, 2020  |  Retail

Gift-giving during the holidays is a lot like … well, pretty much everything else in life. Namely, you pay your money, you take your chances....

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Academy Sports And Outdoors Reports 16.5 Pct Rise In Comp Sales
Academy Sports And Outdoors Reports 16.5 Pct Rise In Comp Sales
December 10, 2020  |  Retail

Academy Sports and Outdoors, Inc. reported on Thursday (Dec. 10) that comparable sales for Q3 2020 rose 16.5 percent over Q3 2019, according to a...

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Ascena Receives Court Approval To Sell Ann Taylor Brand, Other Labels
Ascena Receives Court Approval To Sell Ann Taylor Brand, Other Labels
December 10, 2020  |  Retail

Ascena Retail Group Inc. has received the green light to sell the Lou & Grey, Loft, Lane Bryant and Ann Taylor labels to Sycamore Partners in a...

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Today In Retail: G-III Apparel Group Reports 26.7 Pct Net Sales Decline; Rakuten In Store Network Turns On Google Pay Offers
Today In Retail: G-III Apparel Group Reports 26.7 Pct Net Sales Decline; Rakuten In Store...
December 08, 2020  |  Retail

In today’s top retail news, G-III Apparel Group reported that net sales dropped 26.7 percent as its Wilsons Leather and G.H. Bass brands suffered, while...

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Frasers Group Could Purchase Debenhams Department Store Chain
Frasers Group Could Purchase Debenhams Department Store Chain
December 07, 2020  |  Retail

In a potential rescue arrangement that could grow its reach on the U.K. high street, Frasers Group said it is in talks to purchase the Debenhams department...

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In-Store Grocery Shopping Melds With Digital Payments To Nourish Commerce
In-Store Grocery Shopping Melds With Digital Payments To Nourish Commerce
December 04, 2020  |  Omnicommerce

Would it surprise you to learn that nearly 79 percent of U.S. grocery shoppers still prefer to buy at least some of their groceries in-store?...

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Walmart Laying Off More Than 1,200 Workers Even As Digital Shopping Booms
Walmart Laying Off More Than 1,200 Workers Even As Digital Shopping Booms
December 03, 2020  |  Retail

Walmart is reportedly laying off an additional 1,200 workers as part of a reorganization that encompasses the big consumer shift to online shopping. In July, Walmart...

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