Thursday, February 22, 2007

FAM protests Wal-Mart’s entry

Another protest against the entry to US retail giant to the Indian market, this time by the Federation of Association of Maharashtra (FAM), an organization that represents all retailers in the state, including co-operative stores, hawkers and trade unions. The FAM protest is based on the social impact that such retail chains will have on the local stores. One of the well known co-operative stores, Apna Bazaar is also part of the FAM. The group has planned a protest on February 21 in both Delhi and Bangalore against the arrival of the Wal-Mart CEO Michael Duke.

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