chain store

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Related to Business chains: Retail chains

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.

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References in periodicals archive ?

Ali Moselhi, Minister of Supply and internal trade that will activate the role of internal trade development system in the next stage, working with investors to establish business chains and sophisticated markets and commercial areas and logistics in all governorates in order to provide food commodities for Egyptian families and reduce episodes of intermediate, waste and damaged and provide thousands of jobs , which reflected positively on the national economy.

Egypt : Dr. Ali Moselhi: activating the role of Internal Trade Development Authority in the next stage, working with investors to establish business chains and sophisticated markets

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Pak-India trade to benefit both countries: Canadian HC

Objective: To master increasingly complex and multidisciplinary technology and business chains in ICT, partnering, risk-sharing and mobilisation of critical mass across the Union are needed.

CLINES: Cluster-based Innovation through Embedded Systems technology

He has stated that the project entailing a blend of business chains will be beneficial for numerous people as it will provide job opportunities for them, to be more precise, around two million unemployed Nigerians will get jobs via the launch of renewable power for supplementing regular supply of energy within 2022.

Nigeria : NIGERIA: FEDERAL GOVERNMENT to necessitate N2.53tn for renewable energy ventures