Sunday, November 28, 2010

Mom & pop stores shall rule 84% of retail till ’13

Allaying fears of mom & pop store owners, a study by the Indian Council for Research on International Economic Relations (Icrier) has found that the unorganised sector will retain around 84% of the retail market till the year 2013.
The share of the unorganised sector will come down with the advent of large-format stores, but any negative impact will wear off with time, the think tank has indicated in the largest study so far on retail sector in India.
Read the full report here.

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