Chain stores are retail outlets that share a brand and central management, and usually have standardized business methods and practices. These characteristics also apply to chain restaurants and some service-oriented chain businesses.
chain store
individual retail store that is a part of a group of similar retail stores with the same management and ownership.
Dictionary of Marketing Terms ...
An example of subgame perfection is Selten's 'chain store paradox.' Imagine that firm A has a number of chain stores in various locations and that firm B contemplates entering in one or more of these locations.
that system met stiff competition from chain stores, which were organized for the mass distribution of goods and enjoyed the advantages of large-scale operation. Today large chain stores dominate the field of retail trade.
Born in 1967 Nation's Restaurant News replaced the Chain Store Age for Fountain and Restaurant Managers magazine.
In large chain stores, assistance and product knowledge may not exhibit the same kind of quality as in smaller local stores. Exceptions do exist, and some chain stores are known for their high degree of customer service and product knowledge.
After initial introduction, several large chain stores started introducing various white labeled products that were available from various manufacturers until they created their own chain specific No-Name Generics.
Blanket coverage is ideal for such businesses as chain stores, all of whose property is covered with no specific limit on each particular property regardless of its location (thereby enabling the business to shift merchandise from store to store).
On the other hand some independent business do well. Examples include independent gift shops and hotels in a tourist town, Independent professional offices (dentists, lawyers, doctors), Independent bars. And most chain stores and services thrive.
 See also: Chain stores, Brand, Franchise, Career, Expense
  
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