chain store

(redirected from Business chains)
Also found in: Dictionary, Thesaurus, Encyclopedia.

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.

Mentioned in ?

References in periodicals archive ?

Consolidation caused by the economics of scale, as well as the addiction to growth, has diminished the sharp edges and crucial opinion pieces from many alternative papers, many of which are part of business chains.

Sharp reporting on economics of media almost gone

Now, Computone, with Multi-User, more than meets that need, opening a porthole for businesses and business chains to the world of premiere products, service and support."

COMPUTONE TO ACQUIRE LINUX/UNIX SERVICE COMPANY

"With continued strong commercial activity and population growth, Bend is receiving increased attention from national business chains and can expect additional developments..."

CITY NETS GROWTH, GROWING NETS

There is a lot to learn from this global franchise model both for the local business chains and the consumers.

Pakistan retailing set to be shaped in global retail format

The ministry announced the provision of lands throughout governorates to establish major business chains; what are the offers received by the ministry?

Supply Ministry receives 16 offers for establishment of commercial chains branches in governorates