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A wholesale invasion
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Big retail supermarket style stores are taking off in urban areas of India. Indian and western companies Tata and Tesco, Godrej, Reliance, Bharti and Wal-Mart, are setting up these stores. A government backed study by ICRIER shows that even though the arrival of the big stores results in a drop in sales of 23% in the 1st year, thereafter sales recover and in 5 years these smaller stores are back to where they started. And gradually the protests like those seen in 2007 are fading from these smaller stores.
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Wall Street Journal 10/10/2013
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Economist 05/09/2015
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New York Times 04/12/2010
Economist 05/20/2010
Wal-mart India.
07/16/2007
Wal-Mart's plans for retail stores in India.
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Economist 05/20/2010
Wal-Mart Drops Ambitious Expansion Plan for India
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Wal-Mart Taps Veteran as New CEO
Wall Street Journal 11/26/2013
Walmart Names New Head of Foreign Operations
New York Times 12/10/2013
Wall Street Journal 10/10/2013
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Economist 10/17/2014
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Carrefour India.
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Wall Street Journal 08/12/2013
Grocery retailing in India: A long way from the supermarket
Economist 10/17/2014
Retailing in India: Bharti looks to Future
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