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Nutan Upadhyay
Asked: 2022-11-07T04:10:11+05:30 In:

Distinguish between the following

Departmental Stores and Chain Stores.

Distinguish between the following

Departmental Stores and Chain Stores.

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  1. Departmental Stores Chain Stores
    (1) Meaning It is a large scale retail store having different departments and sections for different type of goods under a same roof. It is a retail shop owned and controlled by a single organization located in different parts of the city.
    (2) Variety of Goods It deals with large variety of goods. It deals with goods of a particular manufacturer only.
    (3) Location It is located at central place of city. It is located in the residential area of the city.
    (4) Capital it requires large amount of capital. It requires less amount of capital than Departmental store.
    (5) Choice of Goods It deals in the variety of goods and offers wide choice to customers. It deals in particular product of goods and offer the wide choice to customers.
    (6) Home Delivery It provides home delivery to customers. It do not provide home delivery to customers.
    (7) Operation Operations of departmental store are rigid in nature. Operation of Chain Stores are flexible in nature.
    (8) Motto Motto of departmental store is to attract customers. Motto of Chain Store is to approach the customers
    (9) Price It generally charges high price. It charges comparatively less price.
    (10) Cost of operating Cost of operating departmental store is high. Cost of operating chain store is low.

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