affiliated chain

affiliated chain definition - business

affiliated chain

A collection of retail stores that buy as a group in order to obtain lower prices from suppliers. For example, an independent grocery store might join an association that offers bulk purchasing and lower prices than the store could obtain on its own.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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