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

COVID Casts More Doubt On Future Of Bank Branches

COVID Casts More Doubt On Future Of Bank Branches
COVID Casts More Doubt On Future Of Bank Branches
November 20, 2020  |  Banking

Physical banking was already on the decline before the COVID-19 pandemic put much of the physical economy into the deep freeze for a year and...

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Whole Paycheck Tracker: Target, Walmart Comparison Uncovers Different Digital-First Strategies
Whole Paycheck Tracker: Target, Walmart Comparison Uncovers Different Digital-First Strategies
November 20, 2020  |  Retail

Traditionally our Whole Paycheck tracker covers the mano a mano of Amazon and Walmart as they battle it out for their share of the American...

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TJX To Add eCommerce To HomeGoods Site Amid Lagging Physical Sales
TJX To Add eCommerce To HomeGoods Site Amid Lagging Physical Sales
November 18, 2020  |  Retail

Retail giant TJX Cos. said Wednesday (Nov. 18) that it plans to add eCommerce to its HomeGoods.com site in 2021 as same-store sales at its...

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Nike Launches Community-Minded ‘Unite’ Stores With Digital Focus
Nike Launches Community-Minded ‘Unite’ Stores With Digital Focus
November 18, 2020  |  Retail

Nike continues its sprint into the digital-first world with Nike Unite stores, with nine locations slated to be in operation this year. In a news...

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Kohl’s Comp Sales Drop 13.3 Pct As Pandemic Cuts Into Clothing, Footwear Sales
Kohl’s Comp Sales Drop 13.3 Pct As Pandemic Cuts Into Clothing, Footwear Sales
November 17, 2020  |  Retail

Kohl’s reported Tuesday (Nov. 17) that the pandemic has cut into its clothing and footwear sales, slashing comparable sales by 13.3 percent in Q3. Get...

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Home Depot Q3 Earnings Build On Pandemic-Driven Home Improvement Trend
Home Depot Q3 Earnings Build On Pandemic-Driven Home Improvement Trend
November 17, 2020  |  Retail

The Home Depot rode the pandemic-driven home improvement wave to a big jump in its in-store comp sales for Q3. The company reported sales of...

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Japan’s Rakuten Introduces Retail Tool For Digital Transformation
Japan’s Rakuten Introduces Retail Tool For Digital Transformation
November 16, 2020  |  Retail

Rakuten, a Japanese tech company specializing in digital eCommerce solutions for retailers, is introducing a new subsidiary to bolster physical stores. Get the Full Story...

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Big Week Ahead For Retail; Target Earnings Expected To Show Momentum Of Digital Shift
Big Week Ahead For Retail; Target Earnings Expected To Show Momentum Of Digital Shift
November 16, 2020  |  Retail

With a successful Singles Day in the books for Alibaba, last week was a referendum on the spending power and preference for Chinese consumer. This...

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