Saturday, February 03, 2007

Local storekeepers not worried about organized retail

As the number of companies getting into the retail sector increase, local storekeepers could start to feel threatened, but several local stores such as Everfresh Stores in Dadar, Mumbai are not worried. They feel that large stores will not affect their business due the high loyalty of local customers. Storeowner Hardik Lalani says that although they might lose approximately 10% of their business for branded products, other items will not be affected. Yogesh Chheda, owner of Chheda Stores says that the personal touch and specialized service such as home delivery would give them an edge of large retailers.

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