difference between departmental stores and chain stores

Format of answer:
1. BASIS
2. DEPARTMENTAL STORES
3. CHAIN STORES
{KEY;   DS=Departmental Store   and   CS=Chain Stores}

LOCATION:
DS- Centrally located in city.
CS- Located in popular areas of the city

RANGE OF PRODUCTS:
DS- Large variety of products.
CS- Only one line of product.

SERVICES OFFERED:
DS- They offer services like credit facilities. banking etc.
CS- They do not offer services.

PRICING:
DS- They do not offer uniform pricing policy.
CS- They follow uniform pricing policy

CLASS OF CUSTOMERS:
DS- They attract customers from high income group.
CS- They attract customers from all income groups.

CREDIT FACILITY:
DS- They provide credit facilities to regular and reputed customers.
CS- They do not provide any credit facility.

FLEXIBILITY:
DS- There is more flexibility as they can change their policies as per the requirements.
CS- There is less flexibility as they have to follow the instructions of the head office.
  • 9
thanks. :-)
  • 1
departmental stores
. it can be defined as large retail outlet which provides a variety of products which are classified into well defined departments
. each department specialises in a single variety of products 

chain stores
. these are the network of retail shops laid out through a certain locality or throughout the country
. these shops are owned and operated by the same organisation and use similar market strategy .
  • 3
Please find this answer

  • 0
What are you looking for?