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...

Rumors of Amazon’s entry into online selling of medicines rattles drug retailers shares

New York City: Shares of drug retailers Walgreens Boots Alliance Inc, CVS Health Co and Rite Aid Corp tumbled on Friday after...

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...

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...

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...

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

For retail to grow, banks need to lend more. But they won’t!

If you are a small fashion retailer and have now grown big enough to want to open up a store in one...

Shezan – What’s in a name?

A history steeped in troubles, tribulations, and complications is at a turning point with the settling of a 33-year-old case over the Shezan name

Competition in the dishwashing segment remains non-existent. How did Lemon Max manage it?

Despite a challenge from Unilever, Colgate-Palmolive’s Max Bar dominates the dishwashing market, taking 68.3% of the market share.

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

Alibaba plots move to extend dominance in brick & mortar retail push

HANGZHOU: In a small village shop near the eastern Chinese city of Hangzhou, store owner Lu Qiwei uses his smartphone to place...

Taazo- the new biryani kid on the block

Former head of the Digital Business Unit for a Middle Eastern telecom company and previously Managing Director for the Middle East region...

Pakistan can’t have a digital payments revolution in retail. Because the government and the banks quell it!

Let’s start with a kicker. For the first three quarters of fiscal year 2021-22 ending March 31, 2022, Rs 502.7 billion worth...

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...

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...