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...

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...

Ministry of Commerce finalises e-commerce policy

ISLAMABAD: After an exercise of around two years, Ministry of Commerce (MoC) has finalised the policy framework for e-commerce and digital trade which it will...

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...

Measuring the market

How do retail brands measure their performance in Pakistan and how accurate is it? More often than not, the sole parameter used in this...

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 of Pakistan...

Debt ridden Toys ‘R’ Us to close all US stores

NEW YORK: Toys 'R' US plans to sell or close all of its US stores, potentially hitting 33,000 jobs, US media reported on Wednesday,...

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 in pakistan....

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 its performance. The...

The Black Friday phenomenon—A shopping spree that beats all binges

Upon hearing her friends’ last year’s experience of Black Friday sales in which they availed great discounts, the 21-year-old pharmacy student from Karachi University,...

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 Stash –...

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...

Amazon to foray deeper into fresh produce in India

BENGALURU: Amazon.com Inc expects groceries and household products to account for over half of its business in India in the next five years, as...

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 teams to...

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 another news,...

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PIA hikes UAE fares

Pakistan International Airline (PIA) has increased fares up to Rs6,000 for two sectors of Middle East – Dubai and Abu Dhabi, a private media...

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PM reviews economic progress, ministries’ performance 

Prime Minister Imran Khan on Saturday held a meeting with his economic team to discuss the country's economic situation and to prepare a comprehensive...