Monday, June 6, 2011

Wal-Mart may tie up with 'kirana stores' for bigger India play

Times of India recently carried this report on how Wal-mart is looking at "partnering" with Kirana Stores in India, which has to be the strategy for the for the retailing major if it is to make a substantial impact on the retailing space in India. The question remains that will the independent retailer bite the bait or would Wal-mart (and the other LFRs) need to settle for high cost of real estate and own the entire shopping experience.

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