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

The Eight Pivotal Strategies for Payments and the Digital Economy in 2024
The Eight Pivotal Strategies for Payments and the Digital Economy in 2024
January 08, 2024  |  Karen Webster

One: Companies monetize certainty as businesses and consumers prize predictability. Two: Shopping shifts from buying to editing as replenishment models change retail dynamics. Three: GenAI...

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Truist to Close 3.5% of Branches as Customers Bank Digitally 
Truist to Close 3.5% of Branches as Customers Bank Digitally 
January 04, 2024  |  Digital Banking

Truist Financial will close 3.5% of its branches in March because more clients are choosing to bank with it digitally.  The Charlotte, North Carolina-based bank is...

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AI Helps Retailers Turn Tide in the Battle of Returns
AI Helps Retailers Turn Tide in the Battle of Returns
January 03, 2024  |  Retail

The new year is only three days old. Buyer’s remorse may be setting in for those of us who have hit “buy” again and again,...

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As H&M Pivots to New Spenders, What Will Mango Do?
As H&M Pivots to New Spenders, What Will Mango Do?
December 27, 2023  |  Retail

As H&M works to attract a new set of shoppers, while Shein and Zara pick up more market territory in the fast fashion landscape, Mango,...

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Instacart Says Online Grocery Is for More Than Just the Pantry
Instacart Says Online Grocery Is for More Than Just the Pantry
December 15, 2023  |  Aggregators

As grocers look to manage their increasingly omnichannel businesses, Instacart is pushing back on the sentiment that consumers turn to digital channels predominantly for shelf-stable...

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Costco Says Its Bargains Continue to Lure Consumers to Shop
Costco Says Its Bargains Continue to Lure Consumers to Shop
December 14, 2023  |  Earnings

When it comes to consumers and their buying habits, Costco said its deals are drawing bargain-hunting customers to its aisles.  “We’re looking at the consumer...

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Mall Owner PREIT Makes Second Bankruptcy Filing in 3 Years
Mall Owner PREIT Makes Second Bankruptcy Filing in 3 Years
December 12, 2023  |  Real Estate

Pennsylvania Real Estate Investment Trust (PREIT), a prominent mall owner in the eastern United States, filed for bankruptcy for the second time in three years,...

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Dollar General Fine Tunes Strategy to Enhance Shopper Experience 
Dollar General Fine Tunes Strategy to Enhance Shopper Experience 
December 07, 2023  |  Earnings

If you’re not hearing an echo this quarter in the world of retail, you might not be tuned in. The key theme this quarter has...

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Meal Kit Subscriptions Eat Away at Brick-and-Mortar Grocers’ Market Share
Meal Kit Subscriptions Eat Away at Brick-and-Mortar Grocers’ Market Share
December 07, 2023  |  Consumer Insights

With consumers getting pre-portioned ingredients from online subscriptions, PYMNTS Intelligence reveals, many are spending less time shopping for groceries in stores. By the Numbers The...

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