Morinaga may be up for sale in Pakistan. The buyer? Morinaga

The business of infant formulas is a big one in Pakistan, and Morinaga is a big name in it

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...

Covid finally got Pakistanis to spend on fashion online… but businesses were caught off-guard

After the pandemic-induced lockdown, apparel businesses that depended on brick and mortar locations as a footfall and revenue source had to make a decision: adapt or die? Most chose to shift online, with serious teething problems in the transition.

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...

Pakistan’s food sector booming as foreign franchises increase their footprint

Lahore: After being attributed the crown of world’s fastest growing retail market, Pakistan's food sector is experiencing a boom with the opening...

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...

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

Profit: The year that was

The great land theft By Farooq Tirmizi If there is a single place that can be thought of as the foremost cathedral to free-market...

For retail to grow, banks need to lend more. But they won’t!

If you are a small fashion retailer and have now grown big enough to want to open up a store in one...

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...

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...

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...

Pakistan’s biggest state run retail chain inching towards privatisation

ISLAMABAD: Pakistan's biggest state-run retail chain, Utility Stores Corporation (USC)- which is currently facing a decrease in sales, closure of large number outlets...

How Pakistan’s retail sector went from boom to bust? And what can be done now?

The glitzy new mall at Lahore, Packages Mall opened its gates earlier this year and all roads led to it. With all...