User talk:Nury nurhady

What is Brick And Mortar Brick and mortar refers to traditional businesses that offer their products and services to customers directly. Local grocery stores and corner banks are examples of brick and mortar companies. Brick-and-mortar businesses find it difficult to compete with most web-based businesses like Amazon.com Inc. (AMZN) because the latter has lower operating costs and greater flexibility.

Understanding Brick And Mortar Many consumers still prefer to shop and explore in a physical store. In brick and mortar stores, consumers can talk to employees and ask questions about products or services. Brick-and-mortar stores have the ability to offer shopping to consumers who can test products such as video games or laptops in stores. The brick-and-mortar business also gives consumers instant satisfaction when a purchase is made.

Online and often linking legitimacy to brick-and-mortar businesses as physical presence can increase perceptions of trust. However, there may be losses for companies that are brick and mortar stores, including costs associated with building leases, employees for conducting transactions, and utility costs such as electricity, heat, and water.

Measuring the Performance of Bricks and Mortars On a per shop basis, publicly traded retailers usually report the same store sales, or comparable store sales, in income reports that are arranged quarterly and yearly. This financial metric provides a performance comparison for the retail chain over a period of time. Bricks and mortars that include restaurants, grocery stores, and general goods stores, use these numbers to evaluate their financial performance guidelines, make company decisions regarding their stores.

At the macroeconomic level, the U.S. Census Bureau release monthly retail sales figures and e-commerce retail sales figures every quarter. For all of 2018, retail & food service sales totaled more than $ 714 billion for general goods stores, which include department stores, warehouse stores, and supercentres. The growth rate is 3.2% compared to 2017.

Non-store retail, which goes beyond traditional brick and mortar, such as direct (door-to-door) sales and e-commerce posted 2018 sales of nearly $ 679 billion this year. The growth rate from 2017 to 2018 is at 9.6%.