Multi brand retailing
Many articles are being written in favor of and in opposing multi brand retailing, but nobody is sure of a common ground. While multi brand retail would create jobs, it would also endanger the livelihood of unorganized retail industry. Thus arguments of both proponents and opponents are true, but the problem is none of them are appreciating the complete picture. Many small retail businesses may go bankrupt because they cannot simply afford the economy of scale and scope that big retailers enjoy. This is already a possibility with so many big Indian names entering the retail fray. This will be an even more menace with names like Walmart, Carrefour, Seven Eleven or Mark and Spencer with their deep pockets entering the arena. Small retailers have their margins eroded through wastages at various levels. They do not have an efficient IT infrastructure for managing sales or inventory, a sophisticated distribution and supply chain, access to easy credit or a reliable vendor base from where th...