METRO Cash & Carry, Careem to facilitate customers across Pakistan

LAHORE: METRO Cash & Carry Pakistan in a new initiative has joined hands with Careem, a ride-hailing app, to make the travelling...

Reefland flagship store opens at Model Town Link Road

LAHORE: Reefland relaunched its flagship store at Model Town Link Road on January 19. The mega launch event started with a ribbon-cutting ceremony by...

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...

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...

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...

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

‘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...

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

Alkaram to launch its 42nd store on MM Alam Road

LAHORE: Alkaram will be launching its 42nd store in Pakistan on October 6, 2018, on MM Alam Road, Lahore. This will be the...

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...

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...

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...

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...

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...

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...