Define a Retail Chain with Examples

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The Answer is A retail chain is a company that operates multiple retail units under common ownership and usually has centralized decision making for defining and implementing its strategy.Retail chains can range in size from a drugstore with two stores to retailers with thousands of stores,such as Kroger,Walmart,Best Buy,and Macy's.Some retail chains are divisions of larger corporations or holding companies.For example,the Williams Sonoma Corporation actually consists of four brands,Williams Sonoma,Pottery Barn,west elm,and Rejuvenation.Furthermore,its Pottery Barn branch features the PB teen and pottery barn kids lines.Royal Ahold owns 14 retail chains,including Stop and Shop,Giant,and Peapod in the United States and ICA and Albert Heijh in Europe.

Define a Retail Chain with Examples

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