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 ?
Though the so called global business chain is as old as globalization itself the current surge in the scale of operation of this business chain is the result of the work of western MNCs that responded strategically to their competitive challenges--through redesigned global participation models.
It used to be a lot of people would ask when the booth holder was getting back," said Ditson, who calls his business Chain Maille Jewelry & Accessories.
We are expanding in the areas hardest hit by HIV/AIDS with local reseller partners because building small entrepreneurial businesses helps strengthen the local economies and helps to create a business chain that can stall and eventually reverse the global AIDS pandemic.
A failure to understand how companies in the collaborative business chain perceive the need for privacy can result in a system that either protects data and privacy too much .
The IBM-CAS alliance will deliver industry solutions that can provide improved efficiencies throughout the business chain and enable fluid collaboration between consumer products manufacturers, their retail customers and their broker and distributor sales networks.
It's that they have cut out the middleman and are involved in every level of the business chain.
In common with every company that wants to expand into new markets Starbucks has found a local partner in Germany too: Karlstadi-Ouelle, the department store and mail order company based in North Rhine-Westphalia, which as confirmed plans to establish Starbucks as the biggest coffee shop business chain nationwide.
Human rights can also come under this heading--human rights up and down the business chain (if your supplier is violating human rights that's your responsibility too).
Hart states that this sort of cross-training has become essential for everyone in the information business chain, from executives in content producing and distributing companies, to information managers and buyers on the customer end.
Noting that Statoil seriously lags companies such as Enron in terms of e-commerce, Fjell said it is undertaking a comprehensive program starting with downstream customers before moving on to suppliers and finally the entire business chain.
That's what grows our business chain after chain," noted Rodrique, who said the company's 20 percent compound growth over the last five years is a direct result of category management.
If suppliers ultimately agree, the PIA program could well signal the start of a new way of updating chain drug merchandise and promotional programs - and provide another boost to the font-end business chain drug retailing is trying so diligently to revive.

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