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 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...
Losing to loose milk
On a Wednesday evening in one of Karachi’s oldest areas, Lea Market, Samir Rajput is working the phone, trying to seal a deal with...
Cigarette manufacturer Philip Morris International decides to quit selling cigarettes
KARACHI: Global tobacco giant Philip Morris International (PMI) announced its new year's resolution to give up cigarette.In an unusual move, the tobacco company placed full-page...
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
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...
Maria B’s international sales surge by 71pc thanks to Facebook
LAHORE: Maria B has officially become the second Pakistani brand, after Yayvo.com, to be studied by Facebook Business. In a case study posted by...
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...
Reefland flagship store opens at Model Town Link Road
LAHORE: Reefland relaunched its flagship store at Model Town Link Road on January 19.The mega launch event started with a ribbon-cutting ceremony by Waresa Group...
Prime price ‘hike’ expected to rake in extra $1b revenue for Amazon
The 20 percent hike was the second time Amazon had increased its Prime subscription fee since the launch of the service in 2005
Try Try Again
Mother of two teenaged boys, daughter of Anwar Moosajee (owner of the famous A. Moosajee and sons), a food and nutrition scientist, an entrepreneur...
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...
Value of e-banking transactions registers quarterly growth of 28pc
KARACHI: Digital banking channels processed 186.7 million transactions worth Rs11.7 trillion in Oct-December 2017, according to data released by the State Bank of Pakistan...
‘Exhausted’ Toys ‘R’ Us suppliers weigh options as huge retailer shuts
NEW YORK: When Toys ‘R’ Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods...
PSO country’s fastest growing retail company: Report
KARACHI: The government-owned Pakistan State Oil (PSO) is reported to be the country’s fastest-growing retail company with three million consumers said to be visiting...
Popular News
‘Put expiry date on Pakistani currency and the black economy will...
Social media is abuzz with a zany suggestion of replacing the currency presently in circulation in the economy with new currency that has an...
Latest News
Govt sets Rs5.5tr revenue target in upcoming budget
At the time, Shaikh said the “basic purpose” of the scheme was not to generate revenue — as media reports had speculated — but to bring dead assets into the economy and make them functional.
