A Chain store is a group of the store that is owned, managed, merchandised and controlled by a central office.
A Chain store tends to be located at local and regional, tends not to be located at department store.
Type of marchandise
moderately priced clothing
Examples of Chain stores
-Usually the prices in the chain stores are often lower than those in department stores.
-Chain stores are general or specialized merchandisers.
Anchor Stores---These are stores that provide the attraction needed to draw customers to shopping centers and malls.