Originally posted by: return_to_hades
You have Wal-Mart, its just called ASDA there. ASDA is a wholy owned subsidiary of Wal-Mart.
I don't think Wal-Mart is the right for Indians. On one hand yes, it will provide low cost one stop shopping convenience to middle class convenience, but it has long term negative repercussions on small scale local economies. Their price cutting essentially drives out all small retail stores and establishes Wal-mart as a monopoly. Their distribution agreements are also toxic, they use their clout to tie distributors and suppliers into unhealthy, unprofitable, long term deals that are impossible to renegotiate or back out off.
The United States is finally in the trend shift away from big box retailers to family owned local stores and farm fresh produce. Although more expensive up front, sustaining local economies is more competitive and profitable in the long run and they reinvest directly in the community.
Moreover, I would miss the India with my little vegetable and fruit vendors, the many little clothing shops, the neighborhood danewalas.