Mid-size retailers still feel the slowdown pinch

Experts say one reason the mid-sizers are struggling today is that they were in too much of a hurry to catch up with the big boys. “They went into too many catchments too early. In the supermarkets business, you have to penetrate one market at a time and grow. Logistics and supply chain work when you are focussed,’’ says a former chief executive of a Mumbai-based retail chain.
More...