Tech startup from Karachi wins Rs1mn in StartUp Cup
LAHORE: The fourth edition of the 2017-18 StartUp Cup, funded by the United States was won by a team from Karachi, Retailistan, that beat 17 other...
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...
Amazon’s dominance hasn’t knelt a death-blow to retail stores
NEW YORK: Just in time for the Black Friday kick-off to holiday season shopping, stock market investors have been handed tools to...
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
Pakistan’s biggest state run retail chain inching towards privatisation
ISLAMABAD:Â Pakistan's biggest state-run retail chain, Utility Stores Corporation (USC)- which is currently facing a decrease in sales, closure of large number outlets...
Eid spending rises 15 percent, breaks Rs1 trillion trajectory
Director Operations, Emporium Mall Lahore Afnan Shah Khan projected a 20 percent rise in the market compared to last year and shared footfall crossed over a million during Ramazan this year against 830,000 in Emporium Mall last year
Wearing ‘Made of Pakistan’ on its sleeve
Established as a manufacturing and retailing unit some 32 years ago, in 1985 to be precise, Sefam started with embroidered fabrics made...
CSIL acquiring company holding franchise rights to Fat Burger in Pakistan
Karachi: In a notification sent to the bourse on Wednesday, Crescent Star Insurance Limited (CSIL) announced that it had signed a memorandum...
Federal Tax Ombudsman orders FBR to stop shop seals, resolve POS system issues for tier-I retailers
In response to a complaint by the Chainstore Association of Pakistan, FTO emphasises that no retail outlets should be sealed until all technical issues have been resolved
Will Olpers’ cartoon ploy work?
Engro-Friesland might just be able to pull off a lot more with flavoured milk than Engro Foods’ attempt a decade ago
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?
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...
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...
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...
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