Retail chains are groups of stores that sell similar products and operate under the same brand name. These stores are usually owned by a single company and can be found in multiple locations, making it easier for customers to access their favorite products. Examples of retail chains include Walmart, Target, and Starbucks, which have numerous outlets across various regions. Retail chains benefit from economies of scale, allowing them to purchase goods in bulk at lower prices. This often results in competitive pricing for consumers. Additionally, they can maintain consistent branding and customer service standards across all locations, enhancing the shopping experience for customers.