department store

(redirected from Department store chain)
Also found in: Dictionary, Thesaurus, Encyclopedia.

department store

a RETAILER which sells a great variety of products, the term ‘department’ denoting the fact that a typical store will be divided up into a large number of sections each offering a particular kind of merchandise: the food department, the footwear department, the toys and games department, etc. Department stores may be under single-shop ownership or run as a multiple CHAIN STORE business.

Department stores compete mainly by offering customers convenience (‘everything under one roof), personal service and good quality products rather than on the basis of SELF SERVICE and cut prices. The larger department stores are able to boost their profitability by obtaining BULK-BUYING discounts from manufacturers as well as by promoting their OWN LABEL BRANDS. See DISTRIBUTION CHANNEL.

department store

a large RETAIL OUTLET. Department stores may be under single-shop ownership or run as a multiple CHAIN STORE business. Unlike most other retailers, who tend to specialize in relatively narrow ranges of products, the essential characteristic of a department store is the great variety of products it stocks: ‘everything under one roof. See RETAILER, DISTRIBUTION CHANNEL.
References in periodicals archive ?
Handelsblatt cited unofficial information saying that Triton also planned to invest some EUR60m to restructure the department store chain and it was looking to cut jobs and lower rent costs.
Karstadt s insolvency administrator also wants to sell the department store chain as a whole.
It expanded rapidly in the past decade, including through the acquisition in 2000 of the 34-store, Seattle-based Lamonts department store chain.
Swedish department store chain Clas Ohlson AB (OMX Stockholm: CLAS B) said on Thursday (22 May) that it has signed a contract for yet another new store in Finland.
STAFF at department store chain John Lewis and supermarket chain Waitrose will share a record bonus pot of pounds 181.1m after annual profits rose 19 per cent today to pounds 379.8m.
Department store chain John Lewis has reported a sales surge as the countdown to Christmas began in earnest.
Zorek served for more than 30 years as the department store chain's top executive in consumer electronics and housewares, retiring about 20 years ago.
has sold its Myer department store chain for $1.4 billion ($1 billion U.S.) to a consortium of private equity firms, Newbridge Capital and its United States parent, Texas Pacific Group.
Since 1901, department store chain Peek & Cloppenburg has been a fixture in the lives of German shoppers, beginning life as a gentleman's outfitter in Berlin and thence expanding into ladies' wear and city centres across Germany.
Cherokee's Russell Riopelle expects that most of the merchandise will be for Zellers--Hudson's Bay's mass-merchandise arm--but some may make its way into The Bay, a department store chain. Details, he says, haven't been finalized.
Taking advantage of many Mexicans' penchant for paying with plastic, Mexican department store chain Liverpool will open seven new stores this year.
Liverpool is Mexico's largest department store chain, and Rustans is the Phillipines' premier department store.

Full browser ?