Business Chains

Chain stores are retail outlets that share a brand and central management, and usually have standardized business methods and practices. Before considered a chain, stores must meet a litmus test; it must have more than 10 units in 2 or more distinct geographies under the same brand and have a central headquarters, otherwise it offers franchise contracts or is publicly traded.([1])These characteristics also apply to chain restaurants and some service-oriented chain businesses. In retail, dining, and many service categories, chain businesses have come to dominate the market in many parts of the world. A franchise retail establishment is one form of chain store.
Posts about Business Chains
  • The 2014 media prediction report card

    … wearable fitness accessories such as Fitbit activity trackers, the Nike+ FuelBand, and Jawbone Up bracelets, as well as a variety of smartwatches and Google Glass devices. IDC estimated shipments will surge to 112 million by 2018. In May, research firm NPD DisplaySearch put out a more bullish prediction: 48 million wearable shipments this year and 91…

    Eric Blattberg/ Digiday- 21 readers -
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