Definition ofChain Stores.

1)Chain storesare retailoutletsin multiple locations that share a brand and central management.

2)They usually feature standardized business methods. Somechain storesare branches owned by one company, while others are franchises owned individually.

Department stores and chain stores are two different concepts.

1)Department stores have a long history of offering a wide variety of goods for retail sale, while chain stores are retail outlets in various locations under the same brand and management. While many department stores are chain stores, the opposite is not true.

2)There are many chains such as restaurants and specialty stores that are not considered department stores. Macy’s department store on Herald Square in New York City is one of the best-known department stores that is also part of a chain.

Chain stores are retail outlets in multiple locations that share a brand and central management.2) They usually feature standardized business methods. 3)Some chain stores are branches owned by one company, while others are franchises owned individually. 4)Some features common to chain stores include centralized marketing and purchasing, resulting in lowered cost to the consumer and higher profit for the store

what are difference between the Departmental Store and Chain store

Here it is

what are Chain store