This guy talks nonsense! One stage he says wal-mart will wipe out all small and big retailers. And at another stage he says they will operate only at top end! Either one of that is true! Today consumers are loosing out due to 1. too many retailers who have no clout to get better prices from the FMCG manufactures 2. Tax evasion and cheating and substandard products etc. Best way forward is let walmart come in%u2026 let them fight and survive whichever way they can. In today%u2019s globalized world, if you close your doors everyone else will close doors on your products and services. Don%u2019t underestimate the power and resilience of the kiranawalas. So many of us enjoy credit (without any paperwork) door deliveries , informal product guarantees and returns. Walmart will have to struggle and spend
