Chain stores

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Revision as of 22:53, 25 November 2020 by KNagaba-Poniatowski (talk | contribs)

A chain store, or commonly referred to as a retail chain, is a type of business which has several locations and has management/activities shared between them. They are meant to control a large segment of the market for various goods or services. As of 2020, Subway is one of the biggest retaurant chain with over 42,600 locations.[1]

The Main Purpose of a Chain Store

The basic purpose of a chain store is to have a business that overwhelms the competition with the ability to have lower costs of operating, having a centralized management system, significantly lower costs of advertising, and flexibility of trying out numerous goods/services in different locations to appeal to the market segment. [2]

History of Chain Stores

A brief history

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Characteristics of Chain Stores

Different Types

Footnotes

References

Subway's publication. "Explore Our World". Subway's Corporation Chain Stores in America https://ia802604.us.archive.org/31/items/chainstoresiname00lebhrich/chainstoresiname00lebhrich.pdf

Author: Krzysztof Nagaba-Poniatowski