Wal-Mart became the No,One Corporation and also No.1 largest retailer store in the world more than 4 tears ago.Last year they had sales of $350 billion, employing thousands of people all over the globe. By their coming, small retailers stil have a place in the consumer market. Wal Mart can have stores only in big cities and not in every bazar or lanes. There are thousands of small retailers in villages and small towns. Is it not ridiculous to think people in rural areas walk miles to go and shop in Wal Mart. Allbig cities and towns in India are overcrowded with people, cars, buses, trucks and bullock carts etc. There is no parking space for vehicles in big cities. This fact itself makes people buy from the corner grocery store. Indians have developed personal relations wiyth small stores, many of whom give discounts, credits, home delivry and serve them with a smile. Seven Eleven Shops all over USA are still doing good business and serving the nearby clients from 7.00 AM to 11.00 PM. Additionally, Wal Mart with its innovative marketing techniques and supply chain logistics offers Every Day Low Prices. An average consumer family of sayt 5 people in a middle income group may save over Rs. 5 to 10,000 per annum.Because, we are saved the huge prifits middlemen make. True, a few small stores may vanish in the neighbourhood of Wal Mar. All big MNCs which have come to India have thrown out many small vendors and factories out of job. Globalization also has done it. But the nation as a awhole has gained enormous economic benefits. Even today there are over 10 million bullock carts in service in India. Have cars, buses and trucks and jet planes made them redundent? Both exist side by side mand will be there for many more years. Big 5-star and 7 star hotels have come You are also seeing many new hundreds of small hotels coming up and making monney.Let us not be blind for the transformation in the living styles of people taking place all over ther world. India is no exception. Both big and small are beautiful!
