Tag: hawkers

• September 11, 2012

  Big and Small in Retail

  Will the arrival of Walmart in India wipe out a thousand or more small retail stores that already exist? Or, will it pose a threat for the potential entry of similar small businessmen into the retail sector? The direction of causality carries undeniable significance. Destroying the means of livelihood of existing traders has grievous implications. Charting out a map for the future on the other hand is in the nature of a planning exercise.