"International experience shows that supermarkets everywhere invariably displace small retailers. Small retail has been virtually wiped out in the developed countries like the US and Europe.
http://ummid.com/news/2011/November/25.11.2011/cpi_m_on_fdi.htm
http://ummid.com/news/2011/November/25.11.2011/cpi_m_on_fdi.htm