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The role of independent retailers in sustaining rural society

A study in rural India

Dados Bibliográficos

ID12352575
AutoresDev Narayan Sarkar (0000-0003-1592-9173, Sales, PepsiCo India, Kolkata, India, autor correspondente), Kaushik Kundu (0000-0002-5966-750X, Aliah University)
Ano2019
Volume28
Fascículo1
Páginas52-71
Data de publicação2019-01-02
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoRural Society (JOURNAL)
Identificadores do periódicoISSN: 1037-1656 • E-ISSN: 2204-0536
EditoraTaylor & Francis (PUBLISHER • GB)
DOI10.1080/10371656.2019.1572310
OpenAlexW2914016495
IdiomaEN
Referências citadas49

Retailing is the largest non-farm occupation in rural India. Unorganised retailers provide support for rural socioeconomic life by disseminating information, ensuring availability of goods/services, providing credit to villagers, and allowing barter systems in India. These indicate the embeddedness of unorganised retailers in India’s rural societies. Store premises in villages are the hubs of social interactions, yet chain stores are not seen to enable such benefits for villages. Hypotheses about the importance of rural retailer independents are developed in light of existing literature. This article presents findings from a survey constructed to research independent retailers by collecting a stratified random sample of villagers in the state of West Bengal, India. Survey responses were subjected to an exploratory factor analysis (EFA) to determine latent constructs. Seven identified constructs were confirmed using confirmatory factor analysis (CFA). Structural equation modelling (SEM) helped determine the relationships of six antecedent factors with the resultant factor, namely, the need for preservation, and the sustainability of rural independents discussed

Barter · Business · Confirmatory factor analysis · Economic growth · Economics · Embeddedness · Exploratory factor analysis · Sample (material · Service (business · Social science · Socioeconomic status · Socioeconomics · Sociology · Stratified sampling · Structural equation modeling · Tobit model · West bengal · Innovation and Socioeconomic Development · Microfinance and Financial Inclusion · Social and Economic Development in India · Marketing

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