Small retail ( why me worry !)
Come to think of it there was huge hue and cry when the large retailers where expanding the entire Small retail death knell was sounded and the left parties where worried about the impact , fast forward it to the current times , there has been hardly any effect on the small retailers ,is our feeling , to an extent of 95 % of your shopping still happens from the friendly neighbourhood stores . In fact its the big boys who are in trouble as with high opex( high rentals ) and the recession economy backed with net margins which was anyways single digits wud be in stress . The newness of shopping in a freshly painted , nicely laid out store is surely fading off , as consumers are surely realising that cost of travel savings , the one to one shopping experience , even credit that the local kirana store gives is much better than the freshness and newness of the retail players . Unlike the wild west where shopping is a once a month visit to the big retailers , in India its almost a daily or a ...