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 ?
As a result of the work of MNCs today these globally distributed but distinct chains of production, marketing and financing facilities have been symbiotically united together to form a global business chain that offers opportunities for the MNCs to reduce the cost of business operations and enhance their competitive advantage (Daniels, Radebaugh, Sullivan, 2007; Ritzer, 2011).
You believe that you're contained, even if you're a local coffee shop, and then you start to dissect your so-called business chain, your supply chain.
"Cardiff can attract those companies to Wales that benefit the small business chain.
The weakest link in the business chain, he points out, hasn't been the businesses, but the banks who he describes as "those stalwarts we thought were the be-all and end-all."
Mr Perkonoja said the planned development measures in HK Ruokatalo's business chain must be brought forward if long-term profitability targets are to be met.
These needs are driven by a number of things including legal regulations (C[O.sub.2] emissions, Euro 4/5/6, pedestrian safety, fuel consumption, biofuels, pedestrian safety, recycling and End-of-Life-of Vehicle), consumer wishes/needs (infotainment, safety devices, comfort and individualized designs) and profit considerations within the business chain in the automotive sector.
Additions include support for interactive advertising across the complete business chain, from rate card to invoicing and proof of publication, as well as the completely new AdsML Media Pack specification supporting media rate cards.
As far as the leaders in this space, Datamonitor Lead Analyst Daniel Hong says it's important to break up the three parts of what he deems the voice business chain: the IVR platform, the enabling software, and speech-enabled applications.
Sustainability is something that resounds through all the links in her business chain in her quest for everything from natural materials to eco-friendly wallpaper.
"SMEsmay be more at risk than larger companies since they often wield less power in the business chain."
In 2007, the Group fully adopted a overall cost leadership strategy, maintained a stable improvement in production and operation, and effectively enhanced the upstream-downstream business chain structure.
Other parts of the business chain followed, and slowly front-end semiconductor processing also was transferred to external foundries.

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