IMF reviews FBR’s plan to generate Rs250bn from retailers, enforce compliance framework

IMF is also assessing Pakistan’s tax penalty structure to design a General Anti-Avoidance Rule for improved compliance

How inflation killed Retailistan

Inflation is biting and it's taking a chunk out of the retail industry

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,...

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

Why are fashion retailers all suddenly selling perfume?

The competition in the local perfume market is growing stronger. Who will emerge on top?

Are local makeup brands really local?

Attention! Your imported drugstore makeup is melting, and not from the hot weather but from the heat it is getting from local players

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...

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...

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...

Retail’s story of transformation

What is the future of retail in Pakistan? That’s a nagging question in the minds of big retailers in business, and it...

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...

PM authorises major crackdown on sugar smuggling, hoarding

ISLAMABAD: Prime Minister Shehbaz Sharif Sunday authorised a major crackdown against smuggling and hoarding of sugar and profiteering. While chairing a high-level meeting...

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

Covid-19: Amazon planning to build its own testing lab for staff

Retail giant Amazon says it will build its own coronavirus testing lab to monitor the health of its staff. Cases of Covid-19 have...

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...