A type of retail trade where a group of similar stores which is owned by a firm operates in different locations is a?

Answer Details

A type of retail trade where a group of similar stores which is owned by a firm operates in different locations is known as chain stores. This means that the same company owns and operates multiple stores, often selling the same products and services, but in different locations. The chain stores are known for their consistency in branding, marketing, and overall customer experience, which helps to build customer loyalty and trust. The chain stores may have different sizes, layouts, and product offerings, but they maintain the same brand image across all locations.