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  2. chain store, any of two or more retail stores having the same ownership and selling the same lines of goods. Chain stores account for an important segment of retailing operations in the Americas, western Europe, and Japan.
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    How do chain stores affect the economy?According to data from the National Retail Federation, chain stores account for a significant portion of retail sales in the United States, underscoring their impact on the economy. The predictability and familiarity of chain stores appeal to customers who value consistency in their shopping experience, whether they are in New York or Tokyo.
    What are the advantages of a chain store?The principal advantages of chain stores include the ability of the central purchasing unit to buy on favourable terms, lower operating costs, the ability to place advertising for all selling units at one time, and the freedom to experiment in one selling unit without risk to the whole operation.
    What was the difference between a supermarket and a chain store?Supermarkets were often run as very small chains or as single-store independents and were physically much larger than chain stores. A single supermarket sold many more goods, and many more kinds of goods, than did most chain stores of the interwar era. These stores were often located in outlying urban areas and in the suburbs.
    What are the disadvantages of chain stores?The main competitive disadvantage of chain store organizations is their centralized direction and their rigidly standardized operating procedures, which tend to limit individual selling units’ flexibility and hinder useful innovations. Chain stores also tend to offer fewer customer services than individual stores.
     
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  5. Chain Store Definition, Examples & Benefits | Retail Dogma

  6. WEBFeb 5, 2019 · A chain store and a franchise are fundamentally different: The Ownership. Chain stores are fully owned and managed by the parent …

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