The knock of Wal-Mart on Indian retail doors has raised the ire of those who stand for vendors, hawkers and shopkeepers. India FDI Watch has stepped out to hold out a warning, citing global instances.

Read the voice of India FDI watch Campaign Organizer. It’s very very informative stuff >> Corporate hijacking of retail

According to this researched stuff “In the United States, thousands of small and medium businesses has closed down because of Wal-Mart”. Wal-Mart drives down wages in local communities where they operate and on average two small stores are closed down for every one Wal-Mart store built. More than 300 local communities have blocked the entry of Wal-Mart in their neighborhoods.

What is your opinion……

WalMart is NOT "Satan Incarnate" that a lot of people make it out to be. It is a huge corporation, complete with all the good, bad and ugly of a huge corporation.

I also believe we're starting to see some chinks in the armor of WalMart. They've had a couple quarterly losses now, and are currently fighting a terrible public image with a lot of people - which leads me to my concluding opinion: They will eventually go the route of KMart.

Within 10 years, we'll see major restructuring of WalMart, due to their loss of business and financial troubles.