Saturday, November 26, 2011


So we are gonna have Walmart, and our Western aping tendencies get a further boost as we dream of ourselves shopping around at their stores, and boasting to our neighbours “I do all my shopping at Wal Mart”... in other words.. “I am an international person, I shop foreign ishtyle”
Little do we realize that this preferred flamboyant grocer is not going to share his profits with the country. On the other hand, your local grocer will spend his profits back in your little town, encouraging your business or services to flourish as well. Your local grocer will have a bank account, will own a small car, will occasionally eat out, visit the theatre, throw a small party thus pumping his profits back at you indirectly. As opposed to the Walmart big shot, who will be only planning to add another luxurious yatch to his fleet, or a small airplane to fly to your little town just to look at how miserable you are getting.
Disparity is so ugly, and I can hardly believe that there are our own fellow Indian who have suffered from this disparity; could actually support a multi national chain to come to their towns to test how bad the disparity could get.
So is it just about Walmart being a foreign company? Can’t an Indian big shot spoil the party for small retailers? Very much he can. Indian or foreign, we should not let one rich man come in and monopolize our businesses. Unless we like to see one Rolls Royce on the roads, than see a hundred Maruti 800s.
It’s not about Wal mart being a western chain. There is nothing culturally Western about any store, whether the store is in India or a Western country itself as the goods will be sold as per the needs of the consumer, just as a modern researched business strategy would ask for
A lot may argue that such giant stores would be frequented by the rich and affluent people only, and it broadens their range of selection, and enables them the power to shop where they choose; since the location could be inconvenient for the masses. Fair enough! But have we considered the revenue loss to the small retailers when top notch spending people stop coming to them, and instead help another rich man grow?

And big stores are opposed not only in India, but every other part of the world. For instance, New York is one of the cities where it is prohibited for one company to own all retail outlets at a mall, even if it is their own. It is needed that the mall owners lease or sell out their retail space to different individuals.

Let’s not be stupid and say that those who oppose are stupid. Down with WalMart and all retail chains!