In spite of the hue and cry about allowing large Retailers into the country the fact remains that even during the massive slowdown of shopper sentiment during 2008 – 09, chain stores shut down many of their stops where as standalone shops were not affected as much, if at all.
If there is one single guiding principle for success in retail, be it stand alone stores, chain stores or E Tailing; it is the maxim “Think like a Shopkeeper, Operate like a Retailer”
This is success mantra which I propagate in every possible forum and have written about it in my first column for ET Retail.com
Click HERE to read the details of how to “Think like a Shopkeeper, Operate like a Retailer” and share your comments and views.
You can also join the discussion about this on my facebook page – www.facebook.com/retailsme
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