What is a multiple chain store?

A multiple shop system is a network of branch shops, situated at different localities in the city or in different parts of the country, under a centralised management and dealing in similar lines of goods. Such multiple shops are very common and popular in the West and are known as CHAIN STORES.

Is chain store and multiple stores same?

Chain stores are also known as multiple shops which function under one brand and have common ownership. This is branches or outlets of a single brand that are spread across the country. These type of shops were first established in America and now have become popular all over the world.

What are some examples of chain stores today?

Examples of well-known chain stores include Wal-Mart, Target, Macy’s, Home Depot, Bed Bath & Beyond, and The Body Shop.

What are the examples of shops?

Types of Retail Stores

Department Stores. This type of retail outlet is one of the most complex types of establishments that offer a wide range of products.
Specialty Stores.
Supermarkets.
Convenience Stores.
Discount Stores.
Hypermarkets or Super Stores.
Warehouse Stores.
E-Commerce Stores.

How many places are considered a chain?

Using the most accepted definition, any company operating three or more restaurant units from a common headquarters in this manner is deemed a chain,[1] but apparently not in Boston.

Is Bata a multiple shop?

(1) multiple shops is the correct answer.

What are chain shop are called?

A chain store or retail chain is a retail outlet in which several locations share a brand, central management, and standardized business practices. A franchise retail establishment is one form of chain store.

How many stores are considered a chain?

What’s a Chain Store? In the business world, a chain means a group of stores (typically two or more).

What is a multiple or chain store?

A multiple or chain store consists of a number of similar shops owned by a single business firm. 1. Advantages of Large Scale Production Since a large number of multiple or chain stores are established at various places, goods are produced or purchased by the central office of these shops at very large scale.

What is an example of a chain store?

These types of retail stores actually originated in America but are now seen worldwide. One common example would be Croma or DMart. One thing to note is that all chain stores are under one common ownership, the stores do not have individual owners (like in franchising).

What is the difference between chain stores and branch stores?

The chain stores may be owned by a big retailer and all the branch shops may be chained together and brought under one unitary control. The multiple shops of retailers can obtain their supplies directly from different manufacturers instead from wholesaler.

What are the different types of retail stores?