How Pakistan’s retail sector went from boom to bust? And what can be done now?
The glitzy new mall at Lahore, Packages Mall opened its gates earlier this year and all roads led to it. With all the renowned...
Pakistan’s first fashion billionaire?
The year 2017 is the first time the Pakistani clothing market hit Rs1 trillion in consumer spending (according to an analysis conducted by Profit...
Shopkeepers’ scam adds fizz to profits
Retail prices of Coke and Pepsi remain unnoticed while retailers overcharge consumers day in, day out by as much as 40 percent – making millions over the top, apparently unnoticed
Fan industry holding its own despite setbacks
A research study by Lahore University of Management Sciences under its SME Cluster Survey Project of State Bank of Pakistan in 2011 revealed, Pakistan...
The X Factor in Stationery
After opening a physical store and receiving a valuation of $1 million for his first startup AutoX – an online portal for automobile accessories...
Pakistan’s biggest state run retail chain inching towards privatisation
ISLAMABAD: Pakistan's biggest state-run retail chain, Utility Stores Corporation (USC)- which is currently facing a decrease in sales, closure of large number outlets and layoffs...
Pakistan is the world’s fastest growing retail market, says: Euromonitor
LAHORE: Euromonitor International has proclaimed Pakistan as the fastest growing retail market globally, with the market expected to grow by 8.2 percent annually from...
Clicks instead of bricks
E-grocery, commonly phrased as online grocery is expected to grow 9.5 percent worldwide to become a $9.4 billion industry this year. In another news,...
Ministry of Commerce finalises e-commerce policy
ISLAMABAD: After an exercise of around two years, Ministry of Commerce (MoC) has finalised the policy framework for e-commerce and digital trade which it will...
From a hole in the wall to market leader
Lifting its shutters for the first time in 1974 as a modest enterprise in the famed Bano Bazar of Anarkali – a haunt for...
Alkaram to launch its 42nd store on MM Alam Road
LAHORE: Alkaram will be launching its 42nd store in Pakistan on October 6, 2018, on MM Alam Road, Lahore. This will be the 5th AK...
Purchasing power wanes as rupee depreciation stings consumers and businesses
The rupee's depreciation has impacted consumer appetite and contributed to restaurants profit margins being squeezed as they attract fewer customers
Euromonitor terms Pakistan among world’s 10 fastest growing markets
KARACHI: Expected to grow at a constant value compound annual growth rate of 5.4% (based on fixed rupee-dollar exchange rate), Pakistan is one of the top 10...
Crescent Star Foods set to become 1st food chain to get listed on stock exchange
KARACHI: Crescent Star Foods (Pvt) Limited has slowly been plotting its move into the food sector and what was once a general insurance company...
Debt ridden Toys ‘R’ Us to close all US stores
NEW YORK: Toys 'R' US plans to sell or close all of its US stores, potentially hitting 33,000 jobs, US media reported on Wednesday,...
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Bookings for Kia Picanto from next week
After introducing two of its vehicles in the Pakistani market, Kia Lucky Motors is all set to launch Kia Picanto for its customers.
The company...
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Introduction of 5G services in Pakistan could take up to 5...
ISLAMABAD: The Pakistan Telecommunication Authority (PTA) on Monday briefed Senate’s Standing Committee on Information Technology it would take around four to five years to...
