chain store


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chain store

a multibranch retail business. All types of RETAILER, ranging from SPECIALIST SHOPS to SUPERMARKETS can be organized to take advantage of the growth and competitive opportunities deriving from large-scale operations. Unlike single-shop concerns, chain stores, by operating a network of stores each located strategically in catchment areas serving large populations, are in a position to expand their sales potential. Moreover, by selling the same general range of products in all of their stores and utilizing a central buying system, chain stores are able to secure BULK BUYING price discounts from manufacturers. In addition, the larger chain stores have found it advantageous to establish their ‘OWN LABEL BRANDS as a means of maximizing the group's sales potential. See DISTRIBUTION CHANNEL.

chain store

a multi-branch retail firm. All types of retailer, ranging from SPECIALIST SHOPS to DEPARTMENT STORES, can be organized to take advantage of the economies of HORIZONTAL INTEGRATION. Unlike single-shop concerns, chain stores are able to maximize their sales potential through geographical spread and maximize their competitive advantage by being able to secure BULK-BUYING price concessions from manufacturers and the supply of OWN LABEL BRANDS. See SUPERMARKET, DISCOUNT STORE, COOPERATIVE, DO-IT-YOURSELF STORE, RETAILER, DISTRIBUTION CHANNEL.
References in periodicals archive ?
Competition Status of China Chain Store & Franchise Industry
Chain Store Age received more than 300 nominations for its first annual Rising Stars: 40 Leaders Under 40 award.
It could reduce power bills by 30-40% compared to the air-cooled standard air conditioning systems that small chain store operations presently use.
The judges were impressed with how the design married the retail aspect with the service aspect -- it was a seamless integration of the two," said Marianne Wilson, senior editor of Chain Store Age.
There are some extremely talented and creative executives in our 2006 list, and we're happy to give them the recognition they deserve," comments Ken Clark, executive editor of Chain Store Age.
Chain Store Age is the monthly news magazine for corporate executives at headquarters in all the major segments of retailing: home centers, supermarkets, drug chains, specialty stores, discount, convenience, and department stores.
Chain Store Guide has made this app available on both Android and Apple platforms.
According to the State of the Chains report from the Center for an Urban Future, the number of chain store locations in New York City jumped 3.
The company has built up a stock of 300,000 8W LED light bulbs at 7-Eleven stores and is preparing another 300,000 bulbs for next round of promotions at the chain store system.
5 percent, the International Council of Shopping Centers (ICSC)-Goldman Sachs Weekly Chain Store Sales Index reported.
Many of our traditional small market towns have indeed lost some of their character and personalityandhalf of that isdueto the insidious nature of chain store operations as well as the fact theworld of retail right now is not very exciting and is actually quite a disappointing place to be," he said.
People are not going to travel to Coventry for the chain store that they can access in their own town.