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A chain store or retail chain is a retail outlet in which several locations share a brand, central management and standardized business practices. They have come to dominate many retail markets, dining markets, and service categories in many parts of the world. A franchise retail establishment is one form of a chain store. In 2005, the world's largest retail chain, Walmart, became the world's largest corporation based on gross sales.[1]
- ^ "Wal-Mart Stores on the Forbes Global 2000 List". Forbes. Archived from the original on May 18, 2012. Retrieved June 7, 2017.