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...
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
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...
Inside the battle for retail’s future
On the 6th of October this year, the high towering, glitzy Centaurus Mall in Islamabad was ablaze with fire and fumes. For...
From a hole in the wall to market leader
Lifting its shutters for the first time in 1974 as a modest enterprise in the famed Bano Bazar of Anarkali – a...
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...
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?
Systems Limited to help Khaadi expand its retail footprint
Lahore: In one of the leading ties-up in recent memory, Pakistan’s foremost IT company Systems Limited has entered into a partnership with...
Tesco plans $6.6bn shareholder return from Asia disposals
LONDON/BANGKOK: Tesco (TSCO.L) plans to return $6.6 billion to shareholders after agreeing to sell its supermarket businesses in Thailand and Malaysia to...
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...
‘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...
The year of the landa bazar
One trader’s loss is another’s profit
Purchasing power wanes as rupee depreciation stings consumers and businesses
The rupee's depreciation has impacted consumer appetite and contributed to restaurants profit margins being squeezed as they attract fewer customers
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
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...