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
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...
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
CPI Index shows 4.57pc increase in December
KARACHI: The Consumer Price Index (CPI), during December 2017 witnessed an increase of 4.57 per cent as compared to the same month...
Reefland flagship store opens at Model Town Link Road
LAHORE:Â Reefland relaunched its flagship store at Model Town Link Road on January 19.
The mega launch event started with a ribbon-cutting ceremony by...
Rumors of Amazon’s entry into online selling of medicines rattles drug retailers shares
New York City: Shares of drug retailers Walgreens Boots Alliance Inc, CVS Health Co and Rite Aid Corp tumbled on Friday after...
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
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
Alibaba almost broke the internet, sales exceed Pakistan’s total exports in a span of 24 hours
LAHORE: Alibaba Group broke all records at the Singles’ Day event on Saturday, generating record sales of $ 25.3 billion (168.2 billion...
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...
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...
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...
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...
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...