Chain restaurant financial definition of Chain restaurant
chain store (redirected from Chain restaurant)
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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.
References in periodicals archive
are more likely to be classified as LSRs, where customers order and pay at a counter before receiving food.
FMI points out that supermarkets operate on a different scale than chain restaurants
About three-fourths of those meals are at fast food and other chain restaurants
The Obama Administration and federal agencies need to stop putting up hurdles to economic growth, and start working collaboratively with business owners on policies that enhance job creation in the communities that McDonald s and other chain restaurants
and small businesses owners serve each and every day.