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- There are different types of chain stores123. Some of the most common types include:
- Business chains: Retail outlets that are owned by the same company. For example, Gap Inc. owns Old Navy, Banana Republic, and Athleta.
- Franchises: Chain stores that are owned by an individual but operated under the name of a larger company.
- Licensees: Chain stores that are licensed to sell a particular product or service.
- Restaurant chains: Chain stores that create a different kind of consumer product than traditional business chains, and therefore operate under different guidelines.
- Grocery chains: Chain stores that specialize in selling groceries.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Types of Chain Stores
- 1. Business Chains Business chains are retail outlets that are owned by the same company. For example, Gap Inc. owns Old Navy, Banana Republic, and Athleta.
www.marketing91.com/chain-store/Chains vary in size from local ones (i.e., serving a single city or metropolitan area) to regional ones (serving a major part of the country) to national or even international ones. They also vary in the class of goods sold, ranging from the inexpensive goods of Target or Wal-Mart to the elitist jewels of Cartier or Tiffany & Co.www.britannica.com/money/chain-storeThere are different types of chain stores depending on the kind of products the company creates – Business chains (encompass many industries, including music, clothing, and electronics stores) and Restaurant chains (which create a different kind of consumer product than traditional business chains, and therefore operate under different guidelines).unlocking-the-future.com/what-are-the-different-typ… - People also ask
Chain Store: Definition, Types, Advantages and Disadvantages
- 1. Business Chains
- Business chains are retail outlets that are owned by the same company. For example, Gap Inc. owns Old Navy, Banana Republic, and Athleta.
- 2. Franchises See more
Definition: A chain store is defined as a retail outlet of a larger firm that sells the same or comparable goods as other retail outlets of the same company. All chain stores of a parent … See more
Chain proliferation is the expansion of a retail chain through the opening of new locations. Chain stores are able to grow rapidly because they … See more
The three largest chain stores in the world are Walmart, The Home Depot, and Costco. 1. Walmart is an American multinational retailer that operates a chain of hypermarkets, … See more
Chain stores are a type of formula retail, but not all formula retailers are chain stores. A key difference between the two is that a chain store is part of a larger company and sells … See more
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Chain store - Wikipedia
A chain store or retail chain is a retail outlet in which several locations share a brand, central management and standardized business practices. They have come to dominate the retail and dining markets and many service categories, in many parts of the world. A franchise retail establishment is one form of a chain store. In 2005, the world's largest retail chain, Walmart, became the world's largest corporation based on gross sales.
Wikipedia · Text under CC-BY-SA license- Estimated Reading Time: 8 mins
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