Four new retailers from US, two from Germany may have shown interest in setting up shop in India.
Sources estimated the number of employees asked to leave because of downsizing stands at about 100.
Future, which recently tied up with Amazon in India to sell its fashion and food products exclusively on the American giant's marketplace platform, is looking at a gross merchandise value of about Rs 6,000 crore (Rs 60 billion) in the next three years from the venture.
The retailer has registered a new company called 'Wal-Mart India Private Ltd' in the country.
Cash-and-carry stores try tricks, from playing Bollywood music to customising orders, to retain customers.
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