There is Something Missing From India FDI Debate

A beleaguered Indian federal government tried last week to break out of its rut and boost what is finally recognized as a struggling Indian economy. It did so with a bold and valuable decision to expand foreign participation in retail. Foreign companies will be able to wholly own single-brand stores and majority-own multi-brand stores.
There are a number of qualifiers to this long-awaited liberalization, including the right for Indian states to say no, which several have already exercised loudly. These state governments are making an error, as are the national opponents of the move.

TRead On

Selling India’s retail wholesale

Finally, FDI in retail has arrived. The collapse of the Rupee by one-fifth in just weeks, dwindling forex inflows and net FII outflows have forced a desperate government to sell India’s retail trade wholesale. Corporate and multinational lobbying to induct FDI in retail, branding it as “big ticket reform”, has been intense in the last few years. The lobbies have won. India has lost. The decision betrays a metropolitan bias; and exposes lack of understanding of India’s agricultural and rural economy. That it will endlessly damage the huge 1.2 million strong community-run retail business in India is undisputed. But the less known truth is that it will destroy food security in rural India. How? Read on.

Grocery shopping via smartphone on South Korean subways

Hoping to raise the level of convenience for time-strapped commuters in South Korea, Home plus — the Korean branch of Tesco PLC — recently launched a series of virtual stores on subway platforms, enabling customers to make purchases using their smartphones while they wait for a train.
The virtual stores, constructed from large backlit billboards, displayed images of all the items one would expect to find in a standard Home plus shop. QR codes were then placed next to the image of each product, enabling smartphone equipped commuters to automatically add the merchandise to their virtual basket by scanning the code. The total order was then delivered to the commuter’s door once they returned home from work.


Sociable Labs Helps Retailers Turn Social Chatter Into Sales

Making "social" work for online retailers doesn't have to mean handing over the keys to Facebook. But it does mean letting go of some control, says Sociable Labs founder Nisan Gabbay. "Let’s move away from business-to-consumer marketing and go back to people-to-people."

Sociable Labs Helps Retailers Turn Social Chatter Into Sales | Fast Company