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What kind of enterprise is a chain store?
Chain stores can be divided into direct chain stores (directly invested and managed by the company headquarters) and franchise chain stores (chain system formed through franchising). The latter is an advanced form of chain operation.

Chain store refers to granting its own trademarks, trade names, products, patents, proprietary technologies and business models to franchisees in the form of franchise contracts. According to the contract, the franchisee engages in business activities under the unified business model of the franchisee and pays the corresponding fees to the franchisee. Because the existing form of franchise enterprises has the basic characteristics of unified image and unified management of chain operation.

In the world, McDonald's, Burger King, Pizza Hut and Yoshinoya are world-famous fast food chains. In addition, 7- 1 1 is the largest convenience store chain in the world. In addition, Carrefour, HMV and Toys R Us are also world-famous chain stores.

In Hong Kong, some well-known supermarket chains include Parknshop and Wellcome, and Watsons and Wanning are well-known chain health and beauty shops in Hong Kong. In addition, chain department stores include Mark & Spencer and Jusco. OK convenience store is a well-known convenience store in Hong Kong.

In 2005, Wal-Mart, the world's largest retail chain, was the company with the largest total sales in the world.