Wal-Mart working hard to promote feel-good image
Just before the arrival of one of the most famous Wal-Mart protestors, Wade Rathke, the company’s CEO designate, Raj Jain, spoke to The Economic Times. He emphasized that Wal-Mart was committed to creating a relationship with India’s small traders and wanting to partner with them to help lower costs and increase profits. Wal-Mart already has ties accross the country with it’s network of suppliers, from whom it has sourced products worth $600. On the hoopla of Wal-Mart killing local business, Mr Jain emphasized that the company’s cash-and-carry venture will sell high quality products to retailers, including smaller shop keepers.
