Bhat Bhateni and Big Mart helping or hurting Nepali Janta ????
Organized retail stores like ( Bhat Bhateni,Big mart) are sprouting all over the big cities of the country ............ the key drivers being changing consumer profile and demographics, increase in the number of international brands available in the Nepali market, economic implications of urbanization, credit availability, improvement in the infrastructure, increasing investments in technology and real estate building a world class shopping environment for the consumers. I recently read about Big Mart opening a new store in Kathmandu ...here is the synopsis of the article Big Mart will contain 11,000 sq ft on three floors and expects to provide employment to 70 to 80 people. According to Prince Khetan, managing director of Mega Mart, the company is investing around Rs 50 million in the project. Inventory consists of 34,000 kinds of products and counting. Mega Mart is also planning to open two new outlets at Jawalakhel, Lalitpur and Batti...