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The role of independent retailers in sustaining rural society

A study in rural India

Bibliographic Data

ID12352575
AuthorsDev Narayan Sarkar (0000-0003-1592-9173, Sales, PepsiCo India, Kolkata, India, corresponding author), Kaushik Kundu (0000-0002-5966-750X, Aliah University)
Year2019
Volume28
Issue1
Pages52-71
Publication date2019-01-02
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueRural Society (JOURNAL)
Journal identifiersISSN: 1037-1656 • E-ISSN: 2204-0536
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/10371656.2019.1572310
OpenAlexW2914016495
LanguageEN
References cited49

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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Highly citedNo
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