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...
Losing to loose milk
On a Wednesday evening in one of Karachi’s oldest areas, Lea Market, Samir Rajput is working the phone, trying to seal a...
Euromonitor terms Pakistan among world’s 10 fastest growing markets
KARACHI: Expected to grow at a constant value compound annual growth rate of 5.4% (based on fixed rupee-dollar exchange rate), Pakistan is one of the...
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...
Maria B’s international sales surge by 71pc thanks to Facebook
LAHORE: Maria B has officially become the second Pakistani brand, after Yayvo.com, to be studied by Facebook Business. In a case study...
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...
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...
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...
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...
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...
Nestle to reinvigorate its infant nutrition business
LONDON: Nestle, the world’s largest packaged food company, said on Wednesday it would reorganize its infant nutrition business to try to improve...
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...
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...
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...
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...