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.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
The land, which is located on the Thika super highway has, however, been the subject of protracted court battles between the retail chain and squatters who had claimed ownership of the prime property but the court in September declared the cash-strapped retailer to be the legal owner of the land.
Retail chains do not have incentives to publish information about manufacturers.
The nearest distribution centres servicing X5 retail chains in the region are located in Samara.
Cheng Uei's Apple retail chain store, Studio A, is an official reseller for Apple's products, which now owns 30 outlets in Taiwan, two in Hong Kong, and one in Nanking and Hefei City, China, each.
The Group's pharmaceutical retail chain operation is the leader within Fujian Province in terms of the size of pharmaceutical retail chain network and overall competitiveness.
In domestic sales, H&R 1871, DPMS Firearms and Bushmaster all named Cabela's as their 2010 Retail Chain of the Year.
will handle the import and sales of products by concluding contract agreements with three cosmetics retail chains with "proven performance in sales of imported prestige cosmetics products."In the first year, Shiseido products will be launched in seven stores.
According to its financial statements for the second quarter, Savola held a 90 percent stake in Savola Foods and a 74.4 percent stake in retail chain Azizia Panda United.
The airline will set up sales stands in branch stores of the Casas Bahia retail chain as well as continuing with plans to inaugurate TAM Viagens franchise offices, designed to give the airline a presence in the largest number of cities throughout Brazil.
THE boss of retail chain WH Smith has emerged as the leading contender to succeed Royal Mail boss Adam Crozier.
We are neutral about the news, but do not exclude that it may lend some short-term support to the retail chain's stock valuations.