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Princes to paupers: India's salesmen face ruin as Ambani targets mom-and-pop stores - Vimarsana News

Princes to paupers: India's salesmen face ruin as Ambani targets mom-and-pop stores

For eight straight days, household goods salesman Vipresh Shah has failed to sell a single pack of Dettol soap to the storekeepers who have been buying from him ever since he took over his family business as a teenager, 14 years ago.

Princes to paupers: Salesmen face ruin as Ambani targets mom-and-pop stores - Vimarsana News

Princes to paupers: Salesmen face ruin as Ambani targets mom-and-pop stores

For eight straight days, household goods salesman Vipresh Shah has failed to sell a single pack of Dettol soap to storekeepers who have been buying from him ever since he took over his family business as a teenager, 14 years ago.

Princes to paupers: India's salesmen face ruin as tycoon Ambani targets mom-and-pop stores | WSAU News/Talk 550 AM · 99.9 FM - Vimarsana News

Princes to paupers: India's salesmen face ruin as tycoon Ambani targets mom-and-pop stores | WSAU News/Talk 550 AM · 99.9 FM

By Abhirup Roy and Aditya Kalra SANGLI, India (Reuters) - For eight straight days, household goods salesman Vipresh Shah has failed to sell a single p...

Source: wsau.com
Mom-and-pop stores face the heat as Ambani's JioMart expands in rural India - Vimarsana News

Mom-and-pop stores face the heat as Ambani's JioMart expands in rural India

Last year Reliance's retail arm raised funds from marquee investors including Silver Lake Partners and KKR.

Princes to paupers: India's salesmen face ruin as tycoon Mukesh Ambani targets mom-and-pop stores - World - Vimarsana News

Princes to paupers: India's salesmen face ruin as tycoon Mukesh Ambani targets mom-and-pop stores - World

The billionaire is intent on shaking up retail distribution, taking on US e-commerce giants that are expanding fast in India.

Source: dawn.com