Ministry of Commerce finalises e-commerce policy
ISLAMABAD:Â 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...
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
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
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 by Profit...
Retail slowdown still a drag on Image’s growth prospects
The Pakistani consumer continues to struggle in the aftermath of the bout of high inflation from 2022 through 2025
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,...
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...
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’s most successful designer brand is in trouble. But why?
With Élan looking for investors to come in and inject equity, we look back at how Khadijah Shah made and possibly broke her fashion empire
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...
METRO Cash & Carry Pakistan’s first GFSI certified wholesale/retailer
METRO Cash & Carry Pakistan celebrated another milestone in the field of Sustainable Quality Assurance when its airport store was awarded “Food Safety System...
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 been reported...
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...
In Pakistan’s high-end hairstyling business, a not-so-new player makes a move
For 16 years, the Lebanese hairstylist Michael Kanaan has been running a small, secretive, super-selective, luxury salon. Why is he expanding to Lahore now?
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 and layoffs...
