Which term describes a store with centralized decision-making and multiple locations?

The term that describes a store with centralized decision-making and multiple locations is a corporate chain. In this context, a corporate chain refers to a business model where a single company operates multiple retail locations, all of which adhere to the same business practices, branding, and strategies dictated by the corporate headquarters. This centralized approach allows for streamlined decision-making, uniformity in customer experience, and often greater purchasing power due to bulk buying.

In contrast, a local boutique typically operates independently with unique offerings and local decision-making, which lacks the centralized control found in corporate chains. A franchise, while it may have multiple locations, involves a franchisee operating independently under a parent company's branding and business model, which does not ensure the same level of centralized decision-making. Independent retailers operate singular locations or are very small and do not have the centralized decision-making or multiple locations characteristic of a corporate chain. This distinction is crucial in understanding the different retail structures in the market.