It can be concluded that chain stores or multiple shops are a large scale retail organization. But A Departmental Store purchases the goods in bulk quantity. It increases the bargaining power of the store. Manufacturers allow heavy discount to the Departmental Stores. Difference between Departmental Store and Chain Store Following are the top differences between a … [Read more...] about 11 key Difference between Departmental Store and Chain Store (Explain)
Marketing and Sales
How Chain Stores are Managed and Organized? Explained
Chain stores or multiple shops are different from the departmental stores. It is a form of large scale retailing in which retail shops are operated in different localities of a particular city and or in Different cities of the country. Meaning All these stores are exactly similar to each other and deal with similar products. All the shops are under single ownership, … [Read more...] about How Chain Stores are Managed and Organized? Explained
21 Advantages and Disadvantages of Chain or Multiple Stores
The number of retail stores operating under common ownership and management constitutes multiple stores or Chain store. A multiple or chain store consists of a number of similar shops owned by a single business firm. Advantages of Chain or Multiple Stores The main advantages of chain or multiple stores may be explained as under: 1. Advantages of Large Scale … [Read more...] about 21 Advantages and Disadvantages of Chain or Multiple Stores
Top 17 Advantages and Disadvantages of Departmental Stores
A Departmental Store is a large establishment having in the same building a number of departments, each of which confines its activities to one particular branch of trade and forms incomplete unit in itself. A Departmental Store offers many other facilities, such as recreations facilities, restaurants, postage, and telegram, telephone, and toilets, and many other … [Read more...] about Top 17 Advantages and Disadvantages of Departmental Stores
13 Main Types of Retailers in Marketing (With Examples)
Retailers are the last link in the chain of distribution. A retailer purchases goods from manufacturers and wholesalers and sells these goods to the consumers in small quantities according to the needs and requirements of these consumers. The retail Trade Organisation has changed very drastically during recent years. Some institutions have disappeared whereas some new … [Read more...] about 13 Main Types of Retailers in Marketing (With Examples)