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...
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
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...
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 orders to...
‘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...
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 reports that...
How inflation killed Retailistan
Inflation is biting and it's taking a chunk out of the retail industry
Risk of restrictions looms large over troubled retail sector
Elevated inflation and the ongoing economic crisis in Pakistan appear to have badly hit consumers and businesses alike. After experiencing several economic shocks over...
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...
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...
METRO Cash & Carry Pakistan’s first GFSI certified wholesale/retailer
METRO Cash & Carry Pakistan celebrated another milestone in the field of Sustainable Quality Assurance when its airport store was awarded “Food Safety System...
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 most successful designer brand is in trouble. But why?
With Élan looking for investors to come in and inject equity, we look back at how Khadijah Shah made and possibly broke her fashion empire
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
The unsustainable price tag of fast fashion
Those of you born in the 80s will remember your mothers buying material from Bareeze. The stores glittered with delicate, sparkling work on the...
