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 ?
The company has so far opened two franchised restaurants and has a pipeline of 153 future franchised restaurants to be opened in Southern California, Kansas City, Greater Michigan, Indianapolis, New England, Iowa, Central Wisconsin and Central Illinois.
The company believes the outperformance in comparable sales results by company-owned versus franchised restaurants over the last several reporting periods is likely attributable to differing levels of operational and promotional execution.
Since January 1, 2004, the company has opened eight franchised restaurants, and it expects to open three company-operated restaurants and 22 or more franchised restaurants in the remainder of 2004.
Since then, the company has grown to more than 700 company-owned and franchised restaurants in 39 states and the District of Columbia, 30,000 team members, and operations in locations around the world.
OTCBB: BGRR), a franchiser of concept restaurants, has agreed to enter into an agreement with The Beilman Group to develop, implement and monitor the food purchasing program for all of BGR's corporate and franchised restaurants.