Business world is growing fast. Today, retailing is one of the fastest-growing segments of economy. As one of the nation`s largest employer, the retail industry provides excellent business opportunities. Brand identity becomes important for the success of a business and building brand identity becomes easier, if a retailer opens up multiple outlets. A business chain is a network of physical business locations, which all provide similar services of products, and share a brand. A retail chain is a types of business chain. All units inevitably share some degree of central management, supply chains, training programmes and personnel also. They tend either to be parts of a single company of franchise, in which individual store brand, training, and know-how. Chains of both main sorts tend to make purchases and licensing agreements as a single entity.
Being relatively, a new discipline, it requires an exclusive guide for scholars, students and professionals. Hence, this work: Encyclopaedia of Retail Chain Management.
