British supermarkets battle to secure stocks as chaotic Brexit looms

With no deal in sight as Britain’s March 29 exit date approaches, supermarkets are stockpiling, working on alternative supplies and testing new routes to cope with an expected logjam at the borders but say they face insurmountable barriers

FBR to extend EPOS to retail stores and shopping malls

The tax department has informed the International Monetary Fund (IMF) that the government will extend the EPOS to retail chain stores and shopping malls till March 2019
Tesco

Tesco plans $6.6bn shareholder return from Asia disposals

LONDON/BANGKOK: Tesco (TSCO.L) plans to return $6.6 billion to shareholders after agreeing to sell its supermarket businesses in Thailand and Malaysia to...

Malls and retailers were dying to open again. Now they’re regretting it

While retail stores and malls are open for business again, footfall has fallen drastically, and retailers are bleeding money. What will they ask of the government now?

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...

Pakistan’s food sector booming as foreign franchises increase their footprint

Lahore: After being attributed the crown of world’s fastest growing retail market, Pakistan's food sector is experiencing a boom with the opening...

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...

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...

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

It’s a deal, it’s a steal

‘In business you don’t have to acquire a huge number of clients to be successful,’ this is the simple philosophy of Secret...

Systems Limited to help Khaadi expand its retail footprint

Lahore: In one of the leading ties-up in recent memory, Pakistan’s foremost IT company Systems Limited has entered into a partnership with...

Services sector grows by 4.7pc in FY19: SBP

ISLAMABAD: The services sector of the country grew by 4.7pc during the financial year 2018-19, representing a slowdown when compared to last year,...

Profit: The year that was

The great land theft By Farooq Tirmizi If there is a single place that can be thought of as the foremost cathedral to free-market...

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...

Nestle to reinvigorate its infant nutrition business

LONDON: Nestle, the world’s largest packaged food company, said on Wednesday it would reorganize its infant nutrition business to try to improve...