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See What are Chain Stores
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What Are Chain Stores
- Chain stores, also known as retail chains, are retail outlets in which several locations share a brand, central management, and standardized business practices1. There are different types of chain stores, including:
- Business chains: Owned by the same company (e.g., Gap Inc. owns Old Navy, Banana Republic, and Athleta).
- Franchises: Owned by an individual but operated under the name of a larger company.
- Licensees: Operated under a license from a larger company.
- Restaurant chains: Multiple locations of the same restaurant brand.
- Grocery chains: Multiple locations of the same grocery store brand2.
Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.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.en.wikipedia.org/wiki/Chain_storeTypes 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.
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