Jan 09 2007
Retail Ranking
Per HT , verdict is already out on who will lead the race for Retail in India . Reliance & Walmart-Bharti will be leading the pack followed by Birla’s and Tata’ s . Surprisingly there are sympathetic words for Pantaloon as it doesn’t have the deep pockets required.
Not surprisingly neighborhood retailers were told not to ask there kids to continue in this as future looks bleak for them.
These are interesting observations but Pantaloon group being first in the market and being a pure play retail player definitely looks to be for big run (my 2 cents ) . As stated by Kishore Biyani that Retail war will be fought in media in 2007 and on ground in 2008 let’s wait for time.
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Last 7 posts by Veresh
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