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 ?
Although the product margin for private labels is lower due to pricing policies, large enterprises cooperate because supplying under private labels creates an assumption of long-term and stronger relationships with retail chains.
The retail chains may purchase their balers and make recycling arrangements nationally or regionally within the chain.
An analytical review of the market includes a description of basic parameters of, and trends in, Russia's food retail sector, strategies and business models adopted by major companies, as well as development forecasts for retail chains and the market as a whole to 2015.
The market survey DIY Retail Chains 2011 covers the chain retail market for home, gardening, building, repair and renovation products (DIY products).
Serbia's largest privately-held company bought a majority stake in Bulgarian retail chain Piccadilly in September 2007 and has so far invested a total of EUR 140 M in Bulgaria, including taking over the remaining 15% percent of shares in 2009.
The retail chain owns and runs two Coop Obs Hypermarkets and over 30 other retail stores.
OTCBB: SWTS) announced today that a top national retail chain has ordered the Company's all-natural Power Blend(TM) juice-based energy drinks, part of the Company's growing line of healthy-lifestyle beverages, for more than 2,500 of its stores.
50-75% of the turnover of big retail chains in Bulgaria is generated by Bulgarian products, according to the Association for Modern Trade (AMT).
He said, "Given the national retail chains in the trade area and its excellent transportation network, the corner of Lexington Avenue and 125th Street is the equivalent of a power strip center and one of the busiest commercial locations in Harlem.
It's causing suppliers to buckle under the pressure of deadlines imposed by major retail chains.
With first year sales exceeding $250,000, Sealy is seeing his company realize an entrepreneur's dream: having its merchandise sold through nationally recognized retail chains.