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Word: vimuttayon (lookup in dictionary) (lookup stats)
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...them, not to mention rocket attacks, chains, including France's Carrefour and U.S.-based Wal-Mart, are ramping up plans to open hundreds of new outlets throughout the region over the next several years. The onslaught threatens to run local retailers right out of business. Says Boonyoong Vimuttayon, a Bangkok grocery store owner who has seen her sales decline by more than half since a Tesco Lotus store opened up the street four years ago: "The foreigners get richer and richer, while we get poorer all the time...

Author: /time Magazine | Title: Attack of the Superstore | 4/22/2002 | See Source »

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