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Q.

Now analyze and answer this.. Relaince fresh is all over Mumabi and is doing well..it is a single brand retial.. yet our small sabziwala and Gupta stores is doing eqaully well. No one has lost business., So what is this hooh haah over FDI in single brand retail ?

Tags: fdi, brand, mumabi
Asked by joyoti sen, 20 Sep '12 08:30 am
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Answers (8)

 
1.

First of all, let me make a clarification. Reliance Fresh is not a Single Brand Retail, but a Multi Brand Retail. The difference between Single brand and multi brand retail is that, a single brand retail sells only one brand like Titan, Seiko,Bata, Reeboke, Nike ,Puma et. A multi brand retail is the usual "supermarket" which sells various brands under the same roof.
However, the difference does not make any difference, as to your observation about with regard to the small sabziwala and Gupta stores.There is a Reliance Fresh store close to my house. After they finished interior work and stored the merchandise, it was ransacked and vandalised by the activists of the Marxist Party.The local traders were in the forefront of agitation saying that Reliance Fresh will wipe them off from the scene.
Even after three years, none of the traders have pulled down the shutters due to loss of business. The irony is that many of the people who vandalised the s ...more
Answered by thampy chacko, 20 Sep '12 11:50 am

 
  
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2.

I agree with you. This is what I, too, have been telling everyone. No one can shut down small retailers. For the simple reason that in small retail shops the owner is, himself, present and can give personal touch to the service of his customers. This is something which the corporate super markets can never do. Their unpolished employees (including the store manager) are least interested in customer relationship.
Add to this facilities like free home delivery and monthly credit. All this makes the small store walla a winner
Answered by Vikram, 20 Sep '12 11:58 am

 
  
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3.

Yes,a point worth keeping in mind
Answered by anil garg, 20 Sep '12 10:39 am

 
  
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4.

Time pass
Answered by Alok Khatore, 20 Sep '12 10:24 am

 
  
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5.

Companies with FDIs may not be interested in giving the "chandaa"/ donations to local small-time politicians. They would rather pay a heavy fees than go around doing the business in cahoots with local bureaucrats at a fraction of the prescribed fees. That is the problem and they are the people, who would actually be affected. Besides, no one cared how many cashiers's jobs would be lost with ATMs, no one cared, how many stenos's jobs would be lost with laptops, then why this love for the small shop keepers?
Answered by manish varma, 20 Sep '12 10:09 am

 
  
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6.

It is all political drama not even a single retailer will have to close down and govt will gain a lot in way iof VAT and income tax like reliance in mumbai we have big bazzar and spencers here in delhi and they have not made any dent in the sales of small retailers ninty five percent of indians want to buy without a receipt which means without paying taxes
haldirams and bikanerwala have a huge number of branchesl but that has not resulted in closing down of any halwai shop
Answered by iqbal seth, 20 Sep '12 08:41 am

 
  
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7.

Reliance fresh is running huge losses but compensating with other public-cheating ventures.
Answered by Prince Deva, 20 Sep '12 08:39 am

 
  
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8.

Gaint chain like walmart will offer the items at huge discount, killing the local small petty business, after taking control they will hike upt the rate leaving all of us with no alternative other then to go for mit one more thing they will try to push what is produced in U.S.A.You will get Colgate tooth paste but not Dabur just to give an example so it will have its cascading effect on the manufacture sector also.....................
Answered by SREENIVAS, 20 Sep '12 10:39 am

 
  
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