With the positivity instilled with the current government, most segments of the economy are showing positive signs of growth. When talking to businessmen on market potential, most say that the sector which is the best choice for investments is the retail sector. Pakistan has population of 180 million people, and frankly, the only entertainment is food and shopping. The demand of both food and shopping is counter to the …
Read More »Global retail franchises making good progress in Pakistan
Despite security concerns, the country has witnessed an immense influx of foreign retail brands. It is a fact that international brands are making good entry into the country’s lucrative market by opening up their franchises in mega cities and in towns. Certainly, the growing number of international entrants in the local market establishes this fact. The entry of foreign retail franchises into Pakistan is a testament to the enhanced …
Read More »The boom of retail markets in Pakistan
Pakistan’s retail sector is growing with great momentum. The retail industries have become a major hub for growing businesses. Though retailers have existed in Pakistan for a long time, the induction of global brands and outlets have forced local retailers to expand their boundaries to compete with their larger international competitors. The entrance of supermarkets and malls during the last eight years created a new community of enthusiastic shoppers …
Read More »Retail audit — mobile phones leading the rally
A study report on retail audit in Pakistan has stated that; two of Samsung’s affordable and sleek smartphones – the Galaxy Grand Prime and Core-2 are getting an overwhelming response from the Pakistani consumers. Since January 2015, these two products have become the best-selling products in Pakistan’s device market. Samsung being a global leader in all the major technological advancements has yet again won the hearts and trust of …
Read More »The consumer is a king — A review into Pakistan’s booming retail sector
With the positivity instilled with the current government, most segments of the economy are showing positive signs of growth. When talking to businessmen on market potential, most say that the sector which is the best choice for investments is the retail sector. Pakistan has population of 180 million people, and frankly, the only entertainment is food and shopping. The demand of both food and shopping is counter to the …
Read More »Demand for foreign brands on the rise in Pakistan
The entry of foreign retail franchises into Pakistan is testament to the enhanced demand of foreign brands among local consumers. The local market already has the presence of leading international fast food franchises and consumer brands, which are successfully doing their business in the country. Despite security concerns in Pakistan, the country has witnessed an influx of foreign retail brands. It is a fact that international brands are making …
Read More »Retailing soon to shapes on global format
Pakistan has witnessed the mushroom growth of more and more malls, restaurants, sport complexes, multiplex cinemas, and a large number of shops in big cities. Household size and income have a decisive influence over shopping decisions. Research studies show that in Pakistan’s mega cities a majority of households with larger family sizes shop at general stores, while those with smaller family sizes shop at large supermarkets. Quality shopping has …
Read More »Retail banking 2020: Evolution or revolution?
Innovation & technology The financial services market is undergoing a lot of changes. Customers always have appetite for more and are well knowledgeable, looking for convenience and ease when it comes to financial services, particularly via internet and mobile phones making innovation and transformation two most powerful forces that are reshaping the banking industry. Customer expectations, technological capabilities, regulatory requirements, demographics and economics are some of the challenges that …
Read More »Wal-Mart in Pakistan: An impetus to fast emerging retail business
Country presents huge opportunities in areas of organized retail format Since the modernization of global retail industry in 1990s, the international chains are exploring opportunities in turning this most impressive economic component of modern business cycle, a key participant of retail sector. The retail industry is a sector of the economy that is comprised of individuals and companies engaged in the selling of finished products to end user consumers. …
Read More »Flourishing retail business motivating world retailers to explore and expand in Pakistan
Retail stores are known to have been operative in China several centuries BC (before Christ). Till the breakup of the USSR (now Russia), most retail stores in all the communist countries were nationalized and still in most countries they remain so. However in some Central Asian states the trend is step by step changing and owned up retail stores are being encouraged and they are mustering up. Nowadays departmental …
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