Definition, Meaning & Synonyms
multiple-store
Noun
/ˈmʌltɪpl stɔːr/
Definition
A retail establishment that operates more than one outlet or location.
Examples
- Many successful brands have started as single stores but expanded to become multiple-store entities.
- The multiple-store model allows companies to reach a larger customer base strategically.
- Franchising is a common method for businesses to grow into a multiple-store format.
Meaning
The term refers to businesses that have multiple physical stores or branches, often offering similar products and services across these locations.
Synonyms
- Chain store
- Franchise
- Multi-location retail
- Branch network
