The Outsider Posted December 9, 2012 Posted December 9, 2012 What does that line mean? Talking about the physical area or square meter of the store. The average Walmart in the US would be 10,000 square meter in area as my rough guess.
Nova Posted December 9, 2012 Posted December 9, 2012 ^ Average size of a Walmart Supercenter is 17,000 square meter. :blink:
The Outsider Posted December 9, 2012 Posted December 9, 2012 ^ Average size of a Walmart Supercenter is 17' date='000 square meter. :blink:[/quote'] I hadn't checked the exact number, just took a guess estimating the dimensions to be 150 meters * 75 meters. Looks like the store size is even bigger. Quite obviously they are not going to get anywhere close to that kind of space in India.
KhanSaab Posted December 9, 2012 Posted December 9, 2012 I hadn't checked the exact number' date=' just took a guess estimating the dimensions to be 150 meters * 75 meters. Looks like the store size is even bigger. [b']Quite obviously they are not going to get anywhere close to that kind of space in India. Maybe not in the center of the city but definitely on the outskirts they can.
punjabi_khota Posted December 9, 2012 Posted December 9, 2012 I hadn't checked the exact number' date=' just took a guess estimating the dimensions to be 150 meters * 75 meters. Looks like the store size is even bigger. Quite obviously they are not going to get anywhere close to that kind of space in India.[/quote'] Why not. Look at the malls popping up everywhere. NCR mein 50 mall hain, 40 fail ho jayenge aur walmart aa jayega vahaan.
Nova Posted December 9, 2012 Posted December 9, 2012 Looks like the store size is even bigger. Quite obviously they are not going to get anywhere close to that kind of space in India. Stores in the US are mostly one level horizontal layout. You could have multi storeyed supermarkets in India, and still achieve the same functionality. BTW, something unique to the US, is Home Depot. The DIY ethic here is so strong. Hard to see such stores prosper in India. Home Depot closed all its operations in China, for the same reason.
punjabi_khota Posted December 9, 2012 Posted December 9, 2012 Why would you DIY when Rs. 300 per day labor can do it for you :secret:
Nova Posted December 9, 2012 Posted December 9, 2012 Why would you DIY when Rs. 300 per day labor can do it for you :secret: Do it for me :agree:
Lurker Posted December 9, 2012 Posted December 9, 2012 Whats the big advantage of having a Wal Mart?? I am yet to meet any shopper who has a huge affinity for Wal Mart anyway. The only place I saw them being loved was in Arkansas where I spent few years (Wal Mart is HQ there), and even there it is only Bentonville where this is hugely pronounced. Wal Mart products are of cheap quality (read all glory to China), its workers are badly compensated etc etc. I am yet to meet a single person, EVER, who thinks Wal Mart is a great company to work for, or has done wonders for US. Why would we wanna fall over each other to them to India? By the way how has the big supermarkets worked out anyway?? Anytime I visit so called Big Bazaar and MegMall etc, they are decent for non perishables like a spoon perhaps, but perishables like veggies/meat etc were hardly on great quality. Not sure if this sector requires FDI in the first place.
KhanSaab Posted December 9, 2012 Posted December 9, 2012 Walmart is a favorite of the lower income bracket. In a poor nation like India walmart shall be king. As for quality, Walmart has better quality control than our avg indian store. The rollerblades I bought my niece a couple of years ago from a walmart are still functioning while the ones she bought in delhi just last year are barely recognizable.
Nova Posted December 9, 2012 Posted December 9, 2012 I love Walmart. Lurker is a upper-class elite, who makes big bucks and spends all his money on top brand, "made in the USA", protein powder not available at Walmart.
punjabi_khota Posted December 9, 2012 Posted December 9, 2012 Whats the big advantage of having a Wal Mart?? I am yet to meet any shopper who has a huge affinity for Wal Mart anyway. The only place I saw them being loved was in Arkansas where I spent few years (Wal Mart is HQ there), and even there it is only Bentonville where this is hugely pronounced. Wal Mart products are of cheap quality (read all glory to China), its workers are badly compensated etc etc. I am yet to meet a single person, EVER, who thinks Wal Mart is a great company to work for, or has done wonders for US. Why would we wanna fall over each other to them to India? By the way how has the big supermarkets worked out anyway?? Anytime I visit so called Big Bazaar and MegMall etc, they are decent for non perishables like a spoon perhaps, but perishables like veggies/meat etc were hardly on great quality. Not sure if this sector requires FDI in the first place. Middle-class America shops at and swears by walmart. Aap upar uth chuke ho us level se amirzaade :king:
Lurker Posted December 9, 2012 Posted December 9, 2012 I love Walmart. Lurker is a upper-class elite' date=' who makes big bucks and spends all his money on top brand, "made in the USA", protein powder not available at Walmart.[/quote'] Not sure if you were serious, but talking strictly about protein powder I wouldnt recommend buying them from Wal Mart and/or Sams Club :beee: The preferred Wal Mart protein, Six Star, is a sister product of MuscleTech and is aimed at low quality protein (read Made in China) for cheap price. I could recommend you some decent websites where u can get quality protein for similar, or comparable price :secret:
Lurker Posted December 9, 2012 Posted December 9, 2012 Stores in the US are mostly one level horizontal layout. You could have multi storeyed supermarkets in India' date=' and still achieve the same functionality. [b']BTW, something unique to the US, is Home Depot. The DIY ethic here is so strong. Hard to see such stores prosper in India. Home Depot closed all its operations in China, for the same reason. The concept is not so unique really. Home Depot, or Lowe's, are not that different to IKEA which is European obviously. Also DIY is on the up in India these days. These days many people, if not all, put up Diwali lightings themselves. Gone are the days of mistri :whistle3: for small stuff like this. Obviously not as much as an average American though.
Nova Posted December 9, 2012 Posted December 9, 2012 Lurker, I was kidding about the protein. :D I bought Gold standard whey by Optimum Nutrition, chocolate, vanilla and strawberry flavors. And how is Home Depot similar to IKEA? :hitler: IKEA is primarily for home decor - ready made furniture you can assemble. Home Depot is geared towards construction material, where you can buy stuff to build anything from scratch.
Ram Posted December 9, 2012 Posted December 9, 2012 We should be very careful with not making Walmart the symbol of FDI in India. This is not about one company and its foibles. Its about a philosophy/choice. Its about whether you think competition from outside is something to welcome and embrace, or shun and distance yourself from.
Mariyam Posted December 10, 2012 Posted December 10, 2012 Maybe not in the center of the city but definitely on the outskirts they can. But that won't work in India. I'd happily fore go the pleasure of shopping at a Walmart if I have to drive across half the city on packed roads. In Indian cities, shopping is all about convenience. If the retail giants are going to open stores on the outskirts, people are going to lose a lot of time in commuting, and that is just not happening. Let me give you an example. When I was small (4-5 years old) we used to stay in Worli. Whenever, me or any of my sibblings cried for an ice-cream my father would drive us down to Natural's which was only present at Lokhandwala and at Juhu. That is a 15 km drive for a brand which we liked. And I remember most of the conversations that my parents would have with others in the long queue. There would always be people said: we came from Dadar or Thane or Borivali, among the people from the local area. Few years down the line there has been a massive paradigm shift wrt mindsets; this loyalty thing gave way to convenience. Maybe a marketing person can corroborate this. Today, I wouldn't travel more than 2 kms for anything, unless it is a top of the line product which I can get only at a select few stores. It would be naive of Walmart to open shop on the outskirts.
Mariyam Posted December 10, 2012 Posted December 10, 2012 ^ The size of the average Walmart in the US is the size of an entire shopping market in India. Of course' date=' their model will have to be different.[/quote'] True. I was talking more in terms of the profile of the products that are sold at the Walmarts. How much of say, the electronics stuff sold at Walmarts USA is actually manufactured or assembled in the USA? Probably a very small percentage. That wouldn't be the case in India, where local suppliers would still be given preference as per one of the clauses that the GoI has put across to the foreign retailers.
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