Retail chain: meaning, definitions and examples
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retail chain
[ ˈriːteɪl tʃeɪn ]
business operation
A retail chain is a series of retail stores owned by the same company, operating under the same brand and selling similar products or services. Retail chains often have multiple locations in different cities or regions, offering a consistent shopping experience to customers.
Synonyms
retail franchise, shop chain, store chain.
Which Synonym Should You Choose?
Word | Description / Examples |
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retail chain |
A series of retail stores owned and managed by the same company, often covering different regions or countries.
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store chain |
Similar to 'retail chain' but may be used more frequently in American English to describe a group of stores under common ownership.
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shop chain |
Generally used in the same context as 'retail chain' but is more commonly used in informal speech or writing.
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retail franchise |
A type of retail business where independent operators (franchisees) are given the right to run their own store under the brand and guidelines of the franchisor.
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Examples of usage
- Target is a popular retail chain in the United States.
- Walmart is known for its extensive retail chain across the country.
supply chain
In the context of supply chain management, a retail chain refers to the distribution network of suppliers, manufacturers, warehouses, and retailers involved in delivering products to end consumers. It involves the flow of goods from the initial production stage to the final point of sale.
Synonyms
distribution network, retail network, supply chain.
Which Synonym Should You Choose?
Word | Description / Examples |
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retail chain |
This term is best used to describe a group of stores that share the same brand and adhere to standardized business practices. It emphasizes the aspect of retail sales to customers.
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distribution network |
The term is appropriate when talking about the entire system of movement and storage of goods from manufacturers to the point of sale. It focuses more on logistics and the supply side rather than retail.
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supply chain |
This term is used in broad discussions about the entire process of producing and delivering a product, from the raw materials to the final product reaching the consumer. It includes suppliers, manufacturers, logistics, and retail.
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retail network |
Use this term to refer to a collection of retail outlets or stores selling products to consumers. It places emphasis on the overall connected system of retail points.
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Examples of usage
- The retail chain ensures that products reach customers efficiently.
- Efficient management of the retail chain is essential for timely deliveries.
Translations
Translations of the word "retail chain" in other languages:
🇵🇹 cadeia de varejo
🇮🇳 खुदरा श्रृंखला
🇩🇪 Einzelhandelskette
🇮🇩 rantai ritel
🇺🇦 роздрібна мережа
🇵🇱 sieć detaliczna
🇯🇵 小売チェーン
🇫🇷 chaîne de vente au détail
🇪🇸 cadena de tiendas
🇹🇷 perakende zinciri
🇰🇷 소매 체인
🇸🇦 سلسلة تجزئة
🇨🇿 maloobchodní řetězec
🇸🇰 maloobchodná sieť
🇨🇳 零售连锁
🇸🇮 maloprodajna veriga
🇮🇸 smásölukeðja
🇰🇿 бөлшек сауда желісі
🇬🇪 საცალო ქსელი
🇦🇿 pərakəndə zənciri
🇲🇽 cadena minorista
Etymology
The concept of retail chains dates back to the 19th century when department stores and mail-order catalogs started to expand their operations. The growth of retail chains accelerated in the 20th century with the rise of mass production and consumerism. Today, retail chains play a significant role in the global economy, offering a wide range of products and services to consumers across various industries.