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 ?
Chain restaurants 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.
While it's unclear how many of those are small businesses rather than large chain restaurants, the California Restaurant Association estimates that 70 percent of restaurants nationwide are small businesses.
The law will particularly damage the chain restaurant industry, which operates on thin margins and cannot support costly government imposed mandates.
Enterprise combines great technology with exceptional restaurant back office domain knowledge to provide an incredibly flexible and powerful solution for chain restaurant operators.
WASHINGTON -- Restaurant executives representing the country's largest chain restaurant companies participated in a National Council of Chain Restaurants summit in Washington, D.
We are very pleased to welcome another dynamic chain restaurant company as a member of NCCR," NCCR Executive Director Rob Green said.
PHILADELPHIA -- According to a recent survey released by management consulting firm Hay Group and the Chain Restaurant Compensation Association (CRCA), the restaurant industry is lifting the salary increase freeze that took hold for the last two years.
Upgrading and modernizing the nation's food safety system has long been a top priority for the chain restaurant industry," NCCR President Jack Whipple said.
PHILADELPHIA -- Nearly 70 percent of chain restaurant employers indicate that hourly employees are currently eligible for limited medical plans and less than 25 percent contribute toward plan costs, according to a survey released today by Hay Group and the Chain Restaurant Compensation Association (CRCA).