A retail chain is a group of retail stores that sell similar products and operate under the same brand name. These stores are usually owned by a single company and are located in various regions or countries. Retail chains can range from large department stores to specialized shops, providing customers with a consistent shopping experience. Retail chains often benefit from economies of scale, allowing them to purchase products in bulk at lower prices. This can lead to competitive pricing for consumers. Examples of well-known retail chains include Walmart, Target, and Starbucks, each offering a unique range of products and services.