Tuesday, September 18, 2007

Rough Weather for Organized Retail continues

The latest salvo at the organized retail has come from the fire-brand leader Uma Bharti of MP.

She led hundreds of supporters in protest against the proliferation of retail chains promoted by corporates in the country. The immediate target of their attack was the Reliance Fresh store at Indore. They forced the outleft of Reliance Retail to shutdown.

The company representatives had already closed the shop before the rally reached its doorsteps. Uma Bharti still put a lock on its entrance to formalize the shutting of the shop.

The leader of the Bhartiya Janshakti Party - Uma Bharti - has set a 2 week deadline for Reliance Retail to close all its retail outlets in Bhopal and Indore threatening the organization with dire consequenses. She has also warned Walmart to refrain from advancing its plans of opening a chain of retail stores.

After UP, West Bengal, Kerala - a political leader in MP has stood up against the corporate and multinational organized retail players.

The voices from the small traders - owners of the stores in the unorganized retail arena of the country - have started getting support from some political leaders.

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