Wal-Mart Stores Inc., the world’s largest listed retailer, has just announced its India plans. Unorganized retailers across India will mark that and the entry of other large retailers on Thursday by burning effigies of the CEOs of Wal-Mart and others, closing some wholesale markets and shops and holding demonstrations in the first wave of nationwide protest against them.
The protests, asking large firms to “Quit Retail,” in India’s 60th year of Independence, in a twist on the famous “Quit India” slogan that Indians used to end British rule, also coincides with the anniversary of that movement. It will bring together an eclectic group of small retailers, hawkers, farmers, wholesalers and trade union activists.
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