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
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
Amazon contemplating entering financial sector with a checking-account like product
NEW YORK: Amazon.com Inc, the world’s largest online retailer, is in talks to create a checking-account-like product with big banks such as JPMorgan Chase...
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...
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
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...
METRO Cash & Carry, Careem to facilitate customers across Pakistan
LAHORE: METRO Cash & Carry Pakistan in a new initiative has joined hands with Careem, a ride-hailing app, to make the travelling experience to...
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 bet on...
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...
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 for a...
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
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 of understanding...
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...
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...
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‘All your Grandes and Civics are coffins on wheels, and local...
Mubasher Lucman has a bone to pick, and this time it’s with the car manufacturing industry in Pakistan. The talk show host took to...
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Following another positive session, KSE-100 gains 2,537 points in week
KARACHI: The Pakistan Stock Exchange witnessed a volatile session on the last trading day of the week, as the indices swung in both directions until...
