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 ?
Another Uni-President operation in China is Mister Donut, which landed in Shanghai in 2000 as a 50-50 joint venture between President Chain Store and Duskin, the Japanese owner of the brand.
More than half of chain store managers and 42% of independents report increased part-time employee turnover in 1985; as recently as 1983, only 31% of chain store managers and 23% of independents cited increased turnover.
While 20% of all chain stores have 20 or more rotating ends, giving tremendous merchandising clout, only 6% of independent stores have 20 or more rotating ends.
The country currently has a total of 591 7-Eleven stores: 75 in Beijing, 512 in Guangzhou, and the four recently unveiled in Shanghai by President Chain Store.
All New York shoppers want this Christmas is a chain store.