Crescent Star Foods set to become 1st food chain to get listed on stock exchange

KARACHI: Crescent Star Foods (Pvt) Limited has slowly been plotting its move into the food sector and what was once a general...

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...

Amazon contemplating entering financial sector with a checking-account like product

NEW YORK: Amazon.com Inc, the world’s largest online retailer, is in talks to create a checking-account-like product with big banks such as...

British supermarkets battle to secure stocks as chaotic Brexit looms

With no deal in sight as Britain’s March 29 exit date approaches, supermarkets are stockpiling, working on alternative supplies and testing new routes to cope with an expected logjam at the borders but say they face insurmountable barriers

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...

The X Factor in Stationery

After opening a physical store and receiving a valuation of $1 million for his first startup AutoX – an online portal for...

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...

Cigarette manufacturer Philip Morris International decides to quit selling cigarettes

KARACHI: Global tobacco giant Philip Morris International (PMI) announced its new year's resolution to give up cigarette. In an unusual move, the tobacco company...

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...

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...

Fan industry holding its own despite setbacks

A research study by Lahore University of Management Sciences under its SME Cluster Survey Project of State Bank of Pakistan in 2011...

‘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...

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...

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...

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...