big box stores

Today, kirana owners across India will be closing their doors, Reuters reports. Kirana, which are small grocery and convenience stores, will be protesting a government decision to allow foreign supermarkets, including Wal-Mart, to open up in India. Not unlike small business owners in the West, the Indian kirana owners fear the move could lead to the destruction of small, family-owned stores that have come to occupy a central place in Indian life.

Has the big box giant finally peaked?