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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.
The displacement of independent businesses by chains has generated controversy in many countries, and has sparked increased collaboration among independent businesses and communities to prevent chain proliferation. Such efforts occur within national trade groups such as the American Booksellers Association[1] and Council of Independent Restaurants of America, as well as community-based coalitions such as Independent Business Alliances. National entities such as the American Independent Business Alliance and The New Rules Project promote these efforts in the U.S.[2] In Britain, the New Economics Foundation promotes community-based economics and independent ownership.[3]
In 2004, the world's largest retail chain, Wal-Mart, became the world's largest corporation based on gross sales.
Restaurant chains
A restaurant chain is a set of related restaurants with the same name in many different locations that are either under shared corporate ownership (e.g., In-N-Out Burgers in the U.S.) or franchising agreements. Typically, the restaurants within a chain are built to a standard format and offer a standard menu. Fast food restaurants are the most common, but more upscale establishments (such as T.G.I. Friday's, Ruby Tuesday, and Olive Garden) also exist. Restaurant chains are often found near shopping malls and tourist areas.
The proliferation of chain restaurants (and other chain businesses) is becoming an increasingly controversial trend worldwide. In the U.S., opponents of this trend include the American Independent Business Alliance, the New Rules Project, and the Council of Independent Restaurant Associations.
See also
References
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- This page was last modified on 17 September 2008, at 23:55.
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