State of "Brick and Mortar" - Spring 2019 Summary

Brick & Mortar dying? Absolutely not! Pulling apart layers of over-hyped noise reveals Brick & Mortar is not only alive and thriving but is starting to be occupied by the once-pure-play-dot-com retailers.

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Brick-And-Mortar Retail Isn’t Dead: Just Look At Who’s Moving Into Empty Toys ‘R’ Us Stores

Bonobos Casper UNTUCKit Blue Nile Peloton

Reference: Forbes article by Andria Cheng, Senior Contributor, Retail. Article highlights:

  • “previously pure-play online retailers like Casper, UNTUCKit, Bonobos, Blue Nile, Peloton and Drybar are moving into malls.”
  • “Arts and crafts retailer Hobby Lobby, off-price chains Burlington Stores, T.J. Maxx, and Marshalls parent TJX are just some of the new tenants moving into former Toys “R” Us spaces.

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Shopify Opens Its First Brick-and-Mortar Entrepreneur Space

Shopify Store

Reference: Shopify

Shopify is the leading cloud-based, multi-channel commerce platform. Merchants can use the software to design, set up, and manage their stores across multiple sales channels, including web, mobile, social media, marketplaces, and more recent addition to Shopify’s offerings… brick-and-mortar locations, and pop-up shops.

Press Release highlights:

  • business owners can come to both get advice from our knowledgeable staff, and also to connect with other members of the entrepreneurial community.
  • Shopify’s new space in LA is the in-person embodiment of the company’s many years of experience building a comprehensive network of Gurus, who help merchants online, via telephone, and through live chat.

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Wayfair will open its first brick-and-mortar store

 

Reference: WBJournal. Article highlights:

  • Online home goods retailer Wayfair will open its first brick-and-mortar store
  • The move comes as other online retailers like Amazon move into the physical retail space, including a pop-up shop in the same mall.

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