Tuesday, July 03, 2012

Of Course, Big Retail Will Hurt Local Businesses

It is not just small traders and kirana stores who are worried over loss of business if FDI in multi-brand retail is allowed. Even international chains such as German retailer Metro Cash & Carry believe that the reform move may impact local businesses.
ET: Multi-brand FDI to hit kirana shops: Metro Cash & Carry

1 comment:

AS said...

Good! The kirana shops stink. Their prices are arbitrary, their quality is crap, and make shopping a complete pain. Favoring the "mom and pop shop" is a third-world concept. Dunno why so many on this blog support this.