Saturday, February 17, 2007

Some retailers have struck gold

I am posting on this blog after a long time, it been almost a month.

My work as a software developer has kept me overworked for the last few days. I have started work on a new web-site that is being developed by my company for providing information about Bilaspur in Chhattisgarh, India.

Meanwhile, so much has happened and there is so much to discuss about the changing retail scenario in India.

Most of the shopkeepers in some of the frontrunner cities that are in the immediate horizon of the new large retail players may be a worried lot. But, some of the savvy and open-minded shopkeepers who were located in the prime localities have struck a jackpot.

They have managed to encash the competition amongst the new players for prime location. They have leased out or rented their own shops to the new players who are scouting for premises for their proposed chain of stores. In fact, this solution has made them more than happy. The deals that they have struck will pay them more than what they would otherwise have earned from their shops at the end of the year.

More so, they now have the time and resources to pursue and investigate other options, options that will, hopefully, keep them busy for the day and add to their kitty.

Let us see how things unfold.

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