6 Dec 2011
WHO IS AFRAID OF THE BIG BAD WOLF ?
If and when , Wal-Mart , Carrefour , Tesco arrive in India , who will be afraid of them ?
Certainly not all of the 50 million small retailers
There are many amongst them who are thoroughly transparent , honest and have a very high standard of business practices.
In fact , no foreign Super mart can even match their personalized service to their customers
The retailers who are afraid are the ones who engage in one or more of the following un-ethical practices :
· Selling fake / duplicate goods
· Selling sub-standard goods
· Selling goods at a price higher than the M.R.P
· Cheating on correct weights
· Selling goods without bills / cash memos
· Selling expired goods
· Not subscribing to “ Packaged Commodities Act “
· Not subscribing to “ Weights and Measures Act “
· Selling same item at different prices, especially to poor illiterate customers
· Refusing to accept genuine “ Returns “
· Selling drugs without prescriptions
· Passing off misspelled, poor quality “ Substitutes “
· Selling PDS items for poor in black market
They are afraid because they will have to give up their un-ethical ways of making a fast buck by cheating their unsuspecting customers
As a customer , I support FDI in retail
But I will continue to patronize my honest corner grocery store !
With regards
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