Word: wal
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Dates: during 2000-2009
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...distance. They're getting so cheap that manufacturers basically need a reason not to put them in things. Most people know RFID, if they're aware of it at all, as the technology behind cash-free highway tolls, but it goes way beyond that. Retail giants like Wal-Mart use RFID tags for inventory management, to help keep track of exactly what is precisely where in their vast tentacular supply chains--Wal-Mart announced earlier this month that it had RFID-enabled forklifts in 975 of its North American stores. RFID tags are embedded in tires. They're in library...
...street vendors and traders shuttered their businesses to gather in the district of Azad Maidan in south Mumbai (formerly Bombay). Carrying placards saying SAVE SMALL RETAILERS, they forewent the day's earnings in order to march in protest against big national and international chain stores like Reliance Retail and Wal-Mart, who the shopowners say are threatening their livelihoods...
...billion to open outlets in 784 cities across the country. At the same time, foreign companies such as Tesco and Carrefour are trying to gain a toehold via joint ventures with local players, following a government ruling that prohibits foreign big-box retailers from entering the market full-on. Wal-Mart has already announced a tie up with the Bharti Group, India's leading telecom player...
...second-largest employer in the country; the livelihoods of 40 million people are likely to be affected if big players are allowed in at such an alarming pace." Mohun Guruswamy, from the Delhi-based Centre for Policy Alternatives, warns that without some regulation over retail giants like Wal-Mart, an avalanche of cheap goods from China and Southeast Asia could bury India's own manufacturers...
...Although it may not be evident at the local Wal-Mart yet, these forces may already be in play. Demand from China, along with other fast-growing emerging economies, has driven up the price of oil and a wide range of other commodities for the past several years. But what's really worrying many economists is the sudden appearance of relatively high inflation within China and the ripples that might cause abroad. Despite five interest-rate increases this year by China's central bank, the country's consumer price index has been stubbornly on the rise. In August, inflation climbed...