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04/01/2024

Major French Retailer Drops PepsiCo Products Over High Prices

Carrefour, a supermarket chain, said the maker of Pepsi, Lay’s and 7-Up was keeping its food “unacceptably” expensive despite falling inflation.

Article of "The New York Times"

By Liz Alderman, who writes about the European economy, reported from Paris.

Jan. 4, 2024
Updated 2:00 p.m. ET

The economic headlines in Europe have been glowing recently: Inflation, according to official statistics, is finally coming down. But tell that to consumers still facing runaway prices when they head to the supermarket.

On Thursday, France’s biggest food retailer took a drastic step to confront the situation, announcing that it would no longer sell PepsiCo products because the prices were “unacceptably” high for consumers, escalating a showdown by French retailers to name and shame brands that aren’t lowering prices as inflation eases.

Carrefour, a global retail giant, put up posters Thursday throughout its 3,440 supermarkets in France where Lay’s potato chips, Pepsi and 7-Up soft drinks, as well as Doritos, Quaker cereals and other PepsiCo products, are typically displayed. “We are no longer selling this brand due to an unacceptable price increase,” the signs said.

PepsiCo did not immediately respond to a request for comment.

The move was the latest broadside — encouraged by the French government — to try to strong-arm manufacturers to lower food costs that have continued to buffet families despite a broad slowdown in price increases across Europe.

Part of that campaign includes identifying brands that also engage in the practice of shrinkflation, in which manufacturers downsize food packages while maintaining or raising the price.

Inflation in the eurozone fell to a new two-year low in November, dropping much faster than expected as a result of an aggressive campaign of interest rate increases by the European Central Bank and efforts by European countries to ease prices for energy and food. In France, inflation rose at an annual rate of 3.7 percent in December, down a third from a year earlier.

But food price inflation is especially persistent. A typical basket of food basics in France, from pasta to yogurt, is still 7 percent higher than it was a year ago.

Some manufacturers have justified those costs by arguing that profit margins in Europe are below average because the costs of inputs are particularly high. Unilever’s chief financial officer, Graeme Pitkethly, told analysts in October that “the extent of price increases, whilst historically high, has still not been enough to cover the cost inflation that we have experienced.”

France, which is Europe’s biggest market for groceries by supermarket sales, has been pressuring manufacturers and retailers for over a year to force prices down.

President Emmanuel Macron has said he wants to see food prices come down by at least 5 percent, to reflect an overall decline in raw material costs that has started to emerge after more than a year of record-high prices resulting in large part from Russia’s invasion of Ukraine.

In November, he demanded that a deadline for once-a-year price negotiations between French retailers and manufacturers be moved up two months, to the end of January, to bring quicker relief for shoppers. France also recently submitted a proposal to the European Union that would force food retailers to carry out a shrinkflation labeling campaign. Carrefour has started marking its shelves with signs detailing the degree of shrinkage and how much consumers were getting gouged on prices.

“We have large companies that are jacking up the prices of some of their brands, and we want to get them around the table again and achieve price decreases as quickly as possible,” Mr. Macron said. “It is intolerable to see so many households having to make choices about essential goods.”

Many global consumer goods companies have raised prices by double-digit percentages in the past year. They have often attributed the increases to higher costs of ingredients and labor. At the same time, many of those companies have reported expanding profits as they sell fewer items at higher prices.

In recent months, companies have reported that shoppers are more weighed down by inflation and high interest rates. Companies that sell consumer goods, including PepsiCo, have reported noticing customers tighten their purse strings.

“I do think that we see the consumer right now being more selective,” Hugh Johnston, PepsiCo’s chief financial officer at the time, told analysts in an October earnings call. “You see some orientation toward value.”

Retailers are eager to see prices come down. Executives at Walmart, the largest U.S. retailer, welcomed the moderating prices of general merchandise leading into the holiday season, but worried about stubbornly high food prices.

“The pockets of disinflation we are seeing are helping, but we’d like to see more, faster, especially in the dry grocery and consumables categories,” Doug McMillon, chief executive of Walmart, told analysts in November.

The move in France comes amid broader momentum in Europe to tackle a cost-of-living crisis that has persisted even as the economy flags. While the U.S. economy has been expanding, Europe has been moving along a very different path: a drawn-out economic slowdown burdened by a double dose of high interest rates and the lingering impact of the energy crisis set off by Russia’s war in Ukraine.

In Italy, the government has sought to pressure retailers and manufacturers to reduce food prices. The Greek government has started requiring supermarkets to report the prices being charged for basic foods.

Other big French supermarket chains said they might follow suit. “It’s not over,” Michel-Édouard Leclerc, the president of Leclerc, a major food retailer, said in an interview on French radio Tuesday. He added that many food manufacturers were still asking for price increases of 6 to 8 percent.

Sources:

Information about Right Side attached picture

A person standing in a supermarket with a shopping trolley, next to a sign reading “Anti-inflation challenge, third price cut.”

Carrefour’s move is part of France’s campaign to force manufacturers to lower food costs.

Credit...Sarah Meyssonnier/Reuters

Information about Left side attached picture

A Carrefour sign reading “Shrinkflation: This product has seen its liter decrease and the price charged by our supplier increase.”

Credit...Sarah Meyssonnier/Reuters

J. Edward Moreno contributed reporting from New York.

Liz Alderman is the chief European business correspondent, writing about economic, social and policy developments around Europe.

Reported by Retailer Pakistani

04/01/2024

ریاستِ مدینہ کا پہلا "میثاقِ معیشت"

مسلمان ہجرت کے بعد جب مدینہ پہنچے تو سب پہلے اور سب سے بڑا درپیش مسئلہ معیشت تھا، معیشت کے بھی دو پہلو تھے.
پہلا پہلو تو افراد کی معاشی حالت تھی،
اور دوسری ریاست مدینہ کی معاشی حالت تھی.
مدینہ میں تین بڑے یہودی قبائل آباد تھے؛
1) بنو نذیر
2) بنو قینقاع
3) بنو قریظہ
ان تینوں قبائل نے نہ صرف ریاست مدینہ کی پوری معیشت کو اپنے قبضے میں کر رکھا تھا بلکہ مدینہ میں موجود دونوں بڑے قبائل "اوس" اور "خزرج" کو آپس میں لڑوا کر ان کی معیشت کا بھی بھٹہ بٹھا دیا تھا.
اس لئیے رسول اللہ صلی اللہ علیہ وسلم کا پہلا ہدف "امن کا قیام" تھا کیونکہ جس معاشرے میں امن ہوتا ہے، لوگوں میں بے یقینی کے بجائے اپنے مستقبل سے متعلق یقین ہوتا ہے وہاں معیشت تیزی سے ترقی کرنے لگتی ہے، نہ صرف لوگوں کی انفرادی زندگی میں بہتری آنا شروع ہوجاتی ہے بلکہ بتدریج ریاست کی معیشت بھی بہتر ہونا شروع ہوجاتی ہے.
ہمیں قرآن سے بھی پتا چلتا ہے کہ حضرت ابراہیم علیہ السلام نے بھی سب سے پہلے اپنے شہر مکہ کے امن کی دعا کی اور پھر اس کے رہنے والوں کے رزق میں بہتری کے لئیے دعا فرمائی.
سورۃ القریش میں بھی اللہ تعالیٰ معیشت کی بہتری کی بنیادی وجہ امن کو قرار دیتے ہیں اس لئیے ارشاد ہوتا ہے کہ؛ "پس ان لوگوں کو چاہیے کہ اس گھر کے رب کی عبادت کریں جس نے انھیں بھوک میں کھانا دیا اور خوف میں امن عطا کیا".
دوسرا کام رسول اللہ صلی اللہ علیہ وسلم نے لوگوں کے اندر خودداری پیدا کرنے کی ہر ممکن کوشش کی، نہ صرف جنگ میں بلکہ کئی دفعہ عام حالات میں بھی جب کھانے کو کچھ نہ ہوا تو خود بھی پیٹ پر پتھر باندھا اور صحابہ کو بھی سمجھایا کہ ہاتھ پھیلانے سے کہیں بہتر فاقہ کرلینا اور پتھر باندھنا ہے.
ایک موقع پر ایک شخص جب آپ کے پاس پیسے مانگنے آیا تو آپ نے اس کو پیسے دے کر کہا کہ؛ جاؤ اس سے کلہاڑی اور رسی خریدو، محنت کرو اور اس رقم کو واپس کرکے مستقل روزی کمانے کا بندوبست کرو".
دینے والے ہاتھ کو لینے والے ہاتھ سے بہتر قرار دیا.
فرمایا؛ "اللہ نے رزق کے 10 دروازے رکھے ہیں جن میں سے 9 تجارت میں ہیں".
مدینے میں چونکہ ریاستی سطح پر یہودیوں کی اجارہ داری قائم تھی اس لئیے انھوں نے تین کام کر رکھے تھے؛
1) پورے نظام کو سود پر قائم کیا تھا.
2) معمولی استعمال کی اشیاء تک پر اچھا خاصا ٹیکس لگا رکھا تھا.
3) اور باہر سے آنے والے تجارتی قافلوں کے لئیے باقاعدہ جگہ مختص کر رکھی تھی جہاں پر خیمہ لگانے اور تجارتی مال بیچنے پر تک ٹیکس عائد تھا.
اللہ کے رسول صل اللہ علیہ نے ان کے مقابلے میں بھی تین کام کئے؛
1) باقاعدہ ایک مارکیٹ شہر کے اندر قائم کردی جہاں مالدار صحابہ جیسے حضرت عبدالرحمن بن عوف اور عثمان غنی رضی اللہ تعالیٰ عنھما غریب اور کم مالدار صحابہ کو نہ صرف کم قیمت پر بلکہ کریڈٹ پر اور سود کے بغیر مال ہول سیل پر مال فراہم کرتے جس سے یہودیوں کی قائم شدہ مارکیٹ کے مقابلے میں کسٹمرز کا رجحان اس مارکیٹ میں بڑھنا شروع ہوگیا اور ایک معمولی رقم رکھنے والا شخص بھی باآسانی کاروبار کرنے کے قابل ہوگیا.
2) مارکیٹ میں موجود دکاندار صحابہ کو بھی پابند کیا کہ آپ بھی کم منافع پر لوگوں کو مال بیچیں، نقص بتا کر مال بیچیں اور خریدا ہوا مال بھی واپس لینے میں تامل نہ کیا کریں، اللہ پر بھروسہ رکھیں.
3) مدینہ کے اندر باقاعدہ ایک "ٹیکس فری" جگہ مختص کردی گئی جہاں باہر سے آنے والے تجارتی قافلوں کو قیام و طعام کروایا جاتا مگر شرط یہی تھی کہ ہمارے لوگوں کو سستے داموں مال فراہم کیا جائے گا اس طرح غیر ملکی انویسٹرز اور ٹریڈرز کے لئیے پہلی "ٹیکس فری اسٹیٹ" کی بنیاد رکھی گئی.
یہ وہ راہنما اصول تھے جن کی بنیاد پر مدینہ کی "میثاق معیشت" کی بنیاد رکھی گئ.
آج ایک دفعہ پھر اسی "میثاق معیشت" کی ضرورت ہے کہ اس کا احیاء کیا جائے اور اس کا بیڑا محمد اعجاز تنویر صاحب نے اٹھایا ہے، انشاءاللہ اس موضوع پر بھرپور گفتگو کرنے، سود سے پاک معاشی نظام بنانے اور درست سمت میں سفر کرنے کی ضرورت ہے.
امید یہی ہے کہ "میثاق معیشت" کے احیاء کی یہ کوشش معاشی اسلامی نظام کی جانب پہلا قدم ہوگا.
(جہانزیب راضی)

04/01/2024

Exports of agro and food products go up by 64% during July-December

During the initial half of the fiscal year 2023-2024, Pakistan witnessed a substantial surge in the export of agricultural and food products, marking a remarkable 64% increase.
Notably, December alone recorded an outstanding growth of 118%, with food product exports reaching $882 million, a substantial rise from $404 million in December of the previous fiscal year.
This surge can be attributed to increased production in 2023, rebounding from the flood-induced damage to the 2022 crop, coupled with heightened demand and favorable rates from countries like China, Korea, and Japan.
The surge in global food commodity prices, driven by the Russian-Ukraine war outbreak, contributed to this boost, with major markets including Vietnam, Malaysia, Korea, and Oman.
In the meat sector, exports reached $239 million in July-December 2023-24, reflecting a positive growth of 23%.
This increase is attributed to the opening of new markets such as Jordan, Egypt, and Uzbekistan, as well as the participation of new companies in exporting meat to the UAE, KSA, and the GGC Region.
Rice exports surged to $1645 million during July-December 2023-24, a 96% increase from the same period in the previous fiscal year. This growth is attributed to India's rice export ban and an uptick in rice production within Pakistan.
Similarly, exports of fruits and vegetables reached $285 million during July-December 2023-24, a positive growth of 15% from the corresponding period in the previous fiscal year. Spice exports also showed a growth of 10%.
Zubair Motiwalla, Chief Executive of TDAP, highlighted TDAP's active support for exporters, providing necessary assistance in product and market diversification in response to the recent surge in agro-product exports.

Source: the nation.pk
Reported by

03/01/2024

Food, beverage is UAE’s second biggest sector after oil

The UAE’s food and beverage sector is going from strength to strength, according to report released by a body representing the industry

Over 2,000 food and beverage manufacturing companies are based in the UAE and they are generating Dhs28bn ($7.63bn) in annual revenue, making up to 25 per cent of the country’s manufacturing GDP.

This is according to the Annual UAE Food Industry Report for 2023, which has been published by the UAE Food Beverage Business Group (FB Group).

The report goes on to note that the food and beverage sector is only second to the country’s oil and gas industry in terms of revenues.

“The 2023 Annual Report reflects the resilience and dynamism of the UAE’s food and beverage sector. The sustained growth in key segments and the emergence of smaller players as significant contributors underscore the industry’s adaptability,” says Saleh Lootah, Chairman of the UAE Food Beverage Business Group.

Breaking down the findings further, the report found that the bakery category grew over 50 per cent during the year, while the snacking category, chocolates, and biscuits notched up 20 per cent growth. Meanwhile, beverages saw strong growth with the sports drinks segment leading at 15 per cent. This was despite an overall increase in soft drink prices by 134 per cent. Sub-segments such as eggs, cooking oil, and desserts all respectively achieved growth of 18 per cent, 30 per cent, and 21 per cent.

The report further found that the dairy segment is growing at a rate of 16 per cent on the back of increasing awareness among customers of the importance of balance and a healthy diet. Meanwhile, frozen meat demand increased 18 per cent.

The report also revealed emerging trends, such as the decline in baby food and infant formula, the growth of organic baby food brands, and the increasing importance of affordability in consumer brand choices.

Source:

This article of Gareth Van Zyl has published in www.gulfbusiness.com on 29 December 2023.

02/01/2024

Continente is the Largest Retailer Hypermarket in Portugal

Continente is a retail chain that belongs to Sonae Distribuição in Portugal. The hypermarket Continente chain is spread all over continental Portugal as well on Madeira and in the Azores.

The supermarket chain Continente Modelo, formerly named just Modelo, has also a nationwide presence. Sonae Distribuição, SGPS, SA, is a subsidiary company of Sonae SGPS.

Sonae Distribuição started in 1985 by the merger of two large retailers, Modelo and Continente. Modelo was owned by the Sonae holding, while Continente was the Portuguese and Spanish operation of the French retailer Promodès, known by the ensign Continent elsewhere.

The supermarket chain operates three main store formats; regular Continente stores, Continente Bom Dia (convenience stores and smaller supermarkets in urban locations, designed for more frequent purchases of everyday life, 800 m2 (8,600 sq ft)) and Continente Modelo stores (hypermarkets of proximity, with an area of about 2,000 m2 (22,000 sq ft).

Source:

Wikipedia

02/01/2024

The retailers’ view

The year 2023 proved to be a challenging period for businesses, industries, and retail establishments in Pakistan. The economic landscape faced hurdles due to political uncertainty and a significant devaluation of the local currency.
Kashif Anwar, the President of the Lahore Chamber of Commerce and Industry, characterized 2023 as one of the most difficult years for the country across various aspects. He highlighted persistent challenges faced by industries and businesses.
Foremost among these challenges was the substantial devaluation of the rupee against the US dollar. The US dollar breached the Rs300 mark in interbank trade for the first time, reaching Rs350 in the non-regulated market at its peak.
This upheaval significantly affected industries relying on imported raw materials, leading to a surge in the cost of doing business.
The escalation in electricity and gas tariffs further raised the cost of doing business, with gas prices reaching Rs2,022 per mmbtu in November 2023 and electricity tariffs at Rs33 per kwh.
Exports experienced a significant drop of approximately $4 billion in 2022-23, leading to a balance of payments crisis and necessitating strict conditions in the IMF agreements.
The government, grappling with financial challenges, imposed over Rs2,000 billion in additional taxes in the federal budget 2023-24, setting the highest-ever tax collection target at Rs9,415 billion. Issues like pending refunds and liquidity concerns persisted, impacting businesses.
Tariq Mahboob, Chairman of the Chain Stores Association of Pakistan, highlighted how inflation adversely affected the retail sector, limiting the purchasing power of all segments of society, particularly lower-income groups.
Import restrictions dealt a blow to businesses reliant on imported raw materials, causing a decline in retail sector growth from approximately 12 percent to 4.5-6 percent.
Economic measures, such as the highest-ever mark-up and severe devaluation against the US dollar, along with government actions to control smog, adversely affected retail sector sales.
In summary, the combination of inflation, devaluation, and administrative decisions had far-reaching consequences, diminishing the competitiveness of local brands in global markets and significantly impacting the economic landscape in 2023.

Source: The News
Reported by Retailer Pakistani

01/01/2024

Shwapno is one of the largest Grocery Chain in Bangladesh

Shwapno is a Bangladeshi supermarket chain owned by ACI Logistics Limited, a subsidiary of ACI Limited.

It was established in 2008 and has become the largest supermarket chain in Bangladesh, with the highest number of outlets & 44% of market share in the Super Shops sector in Bangladesh.

Shwapno has 43000+ Employees and served 40,000+ customers daily.

Shwapno was founded in 2008 by ACI Limited.
The company uses big data and the Internet of things (IoT) to track inventory, manage supply chains, and provide personalised recommendations to customers.

The first outlet of this company was located in Wari, Old Dhaka, named Fresh'n'Near.

In April 2020, Foodpanda and Shwapno partnered to launch an on-demand grocery delivery service in Bangladesh.

In February 2022, Shwapno became the first member of GLOBALG.A.P in the retail chain of the South-East Asian zone.

In March 2023, Shwapno had around 300 outlets countrywide with 58 districts in Bangladesh and plans to expand its outlet by 10 times to 3000 within 2028.

Sources:

https://www.shwapno.com/
Wikipedia

01/01/2024

Strengthening Pakistan’s Poultry Industry

The U.S. Soybean Export Council (USSEC) and the Pakistan Poultry Association (PPA) signed a memorandum of understanding (MoU) in Dubai, UAE on December 12, 2023, marking a major milestone between the two parties.
This memorandum will lead Pakistan’s poultry industry on a path towards accelerated growth. Pakistan Poultry Association - PPA Pakistan’s poultry industry has been a major consumer of U.S. Soy with soybean meal being a key ingredient in poultry feed.
U.S. Soy’s high-quality and nutritional profile have played a vital role in exponentially growing Pakistan’s poultry industry.
In 2023, Pakistan had severe challenges with meeting its food and nutrition security goals. Record high food inflation made poultry-historically, the cheapest source of protein inaccessible to many.
Given the urgency of the situation with Pakistan ranking 102 out of 125 countries in the Global Hunger Index, this timely collaboration between the PPA and USSEC can help address Pakistan’s food and nutrition security goals.
Pakistan Poultry Association
USSEC and PPA together can focus on achieving the goal of providing cheap and accessible poultry products to the common man in Pakistan.

Source: newsupdatetimes.com

Reported by: Retailer Pakistani

31/12/2023

🌟 Welcoming the New Year 2024 with Simplicity and Solidarity! ✨
May the New Year bring joy, compassion, and positive change.

Retailer Pakistani stands in solidarity with Palestine, embracing simplicity as a symbol of hope and unity.

Wishing you a Happy New Year! 🎊🌍

31/12/2023

Emart is South Korea's oldest and largest Supermarket chain.

Emart Inc. is the largest retailer in South Korea. There were 157 stores across the country as of 2022. It was founded on 12 November 1993 ,by Shinsegae as the first discount retailer in South Korea.

EMART is headquartered in Seongdong-gu, Seoul, Korea.

Emart operates specialty shops and stores, including discount store under Emart brand, online Emart Mall; Emart Traders, an everyday low price store brand; Premium supermarket under PK Market brand; and Molly’s Pet Shop, a pet solution store brand.

It also operates Electro mart, electronics specialty store brand; SSG Food Market, Urban style high end supermarket; Toy Kingdom, hands on toy store; Marie’s Baby Circle, experts in infant and toddler Product.

The company also performs various services including catering, resort services, tourism and hotel services, real estate services, food distribution and liquor wholesale business. It has business presence across Korea.

EMart total sales volume exceeding US$9.4 billion in 2009. With new store openings and the acquisition of Walmart Korea in 2006, Emart enjoys its retail leadership in the discount store market.

In 2021, Emart24 convenience stores expanded to Malaysia to directly compete with CU, which Emart24's first Malaysian store launched a little later in the same year.

In January 2022, Emart acquired a majority stake (80.01%) in the former eBay Korea, which it renamed "Gmarket Global". EBay retained a 19.99% stake in the company.

In December 2022, Emart24 launched in Singapore with the launch of the first two outlets.

Sources:

https://company.emart.com/en
https://www.globaldata.com
https://www.statista.com
Wikipedia

30/12/2023

Abdul Wadood Alvi(Chairman printing and Packaging Association) sharing his views about the elections and he added we came here to support BMP members here in Lahore.

Retailer Pakistani

30/12/2023

Khalid Usman
(CEO Water Regime & President Progressive Group LCCI) sharing his views and said we are here to support the BMP in this election.

Retailer Pakistani

30/12/2023

Mr Ejaz Tanveer EC Member LCCI, sharing his views about the elections of Federation of Pakistan Chambers of Commerce & Industry

29/12/2023

Shaw's and Star supermarkets are one longest continuously operating supermarkets companies in USA

Shaw's and Star Market are two American supermarket chains under united management based in West Bridgewater, Massachusetts, employing about 30,000 associates in 150 total stores; 129 stores are operated under the Shaw's banner in Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont, while Star Market operates 21 stores in Massachusetts, most of which are in or near Boston.

The chain's largest competitors are Hannaford, Market Basket, Price Chopper, Roche Bros., Wegmans, and Stop & Shop.

Star Market is a companion store to Shaw's, Shaw's having purchased the competing chain in 1999.

Shaw's and Star Market are wholly owned subsidiaries of the Boise, Idaho–based Albertsons.

Shaw's History

In 1860, George C. Shaw opened a small teashop in Portland, Maine. Meanwhile, Maynard A. Davis established a group of small downtown grocery stores in Brockton and New Bedford, Massachusetts, called the Brockton Public Market (BPM) food retailers. In 1919, Davis purchased the George C. Shaw Company and made it a subsidiary of BPM.

Star Market History

Star Market is a New England chain of supermarkets based in Greater Boston. It was owned by the Mugar family and started in 1915. The company was sold to The Jewel Companies, Inc. in 1964 and later to Investcorp, which in turn sold the chain to Shaw's Supermarkets.

Source:

Wikipedia

28/12/2023

MAXIMA GRUPE is one of the Largest Lithuanian-Born Multinational Retail Chain

Maxima Grupė UAB is a Lithuanian group of retail chain companies operating in Lithuania, Latvia, Estonia, Poland and Bulgaria. It is the largest Lithuanian capital company and the largest employer in the Baltic states.

At the end of 2022, Maxima operated 1534(Including 86 Franchises) stores in Lithuania, Latvia, Estonia, Poland and Bulgaria. Each store offers between 3,000 and 65,000 brands, depending on the size of the store.The MAXIMA stores serve over 1.6 Million customers every day.The group employs more than 38,000 people. Its main headquarters are in Vilnius, Lithuania.

MAXIMA GRUPE was one of the first to start e-commerce activities in the region - The Maxima e-store BARBORA operates in Lithuania,Latvia,Estonia and Poland.

First Three Maxima stores were opened in Vilnius in 1992.

In 2019, "Aldik" and "Stokrotka" retail chains are merged and continue to operate under one name, "Stokrotka".

Maxima LT

Maxima LT is the largest part of Maxima Group. Maxima stores in Lithuania hold 70% of the total retail market.

Aldik

Maxima Group operated in Poland under the name of Aldik, to 2018, when these stores started changing to Stokrotka after Maxima Group became main shareholder of Poland's EMPERIA HOLDING S.A. which operates the Stokrotka name.

SuperSol

The Spanish supermarket chain SuperSol was owned by Maxima between 2012 and 2020. The supermarket had a presence in the Madrid province (including Ávila, Guadalajara and Toledo in the metropolitan area) and Southern Spain (Andalusia, Extremadura, Ceuta and Melilla).

Sources :

maximagrupe.eu/en
Wikipedia

28/12/2023

Majid Al Futtaim expands its investment in Pakistan’s retail sector with two new Carrefour supermarkets

Majid Al Futtaim, which owns the exclusive rights to operate Carrefour in Pakistan, has announced the inauguration of two new Carrefour supermarkets in Lahore, as part of Majid Al Futtaim’s vision to expand its investment and retail footprint in the country.
With this expansion, Majid Al Futtaim’s current investment in Pakistan is set to grow to 14 billion rupees, bringing the total number of stores in the country to 13.
Strategically located in DHA Phase 7 and Phase 11, the stores are redefining the shopping experience for customers in their respective areas, addressing customer needs for grocery and daily essentials.
Moreover, both locations provide a convenient in-store pharmacy, contributing to the health and wellness of the community and establishing these stores as a one-stop destination for daily essential.

Source: CEO Times

Reported by: Retailer Pakistani

27/12/2023

Auchan is one of the World's top French Multinational Retail Supermarket Chain and Distribution Groups

Auchan is a French multinational retail group headquartered in Croix, France. It was founded in 1961 by Gérard Mulliez and is owned by the Mulliez family, who has 95% stake in the company. It is the 35th largest employer in the world.

The name comes from the first Auchan shop in Roubaix in the district of Hauts-Champs, the pronunciation of which is identical to that of "Auchan".

The holding company, Auchan Holding, includes Auchan Retail International, Ceetrus, which operates shopping centers and Oney, which offers financial services.

It operates as Alcampo in Spain, Auchan in Portugal, Aшан (Ashan) in Russia and Ukraine, and through a joint-venture as RT-Mart in China (Auchan brand is also used) and Taiwan.

As of 2022, Auchan is one of the world's largest retailers with a direct presence in France, Spain, Portugal, Luxembourg, Poland, Romania, Hungary, Ukraine, Russia, Taiwan and Senegal. In 2022, the company's revenue in Russia amounted to 237 billion rubles.

Sources:

https://www.auchan-retail.com/en/
Wikipedia

27/12/2023

The rise of subscription models in Pakistan’s food sector

Amidst the ongoing digital transformation, Pakistan's food and grocery sector is undergoing a notable shift, driven by the increasing success of subscription models.
Recent global industry reports highlight the financial wisdom of such models, indicating that regular customers can achieve significant savings over time by opting for monthly or yearly subscription plans.
In the fiercely competitive landscape of Pakistan's online delivery sector, foodpanda's pandapro emerges as a trailblazer in this transformative trend.
This comprehensive plan offers exclusive benefits, including a 50% discount on selected restaurants and HomeChefs, enhancing the affordability of dining in or ordering from favored establishments.
The subscription model elevates the customer experience by providing cost-effective subscription packages tailored to meet evolving customer demands.
Undoubtedly, this subscription model represents a gateway to a smarter, more convenient, and financially smart way of navigating the evolving domain of food and grocery delivery.

Source: thenation.pk
Reported by Retailer Pakistani

27/12/2023

Exports to Middle East surge by 29% to $1.257b in July-November

Pt Profit-27 December 2023

Pakistan’s exports to the Middle East experienced robust growth, rising by 28.98% to $1.257 billion in the first five months of the current fiscal year, compared to $974.50 million from the same period last year.

The surge in demand was notably observed from countries such as the United Arab Emirates, Saudi Arabia, and Kuwait, according to data compiled by the State Bank of Pakistan.

During the period under review, exports to Qatar witnessed a decrease, while the government’s recent signing of a free trade agreement with the Gulf Cooperation Council (GCC) countries is expected to further facilitate Pakistan’s exports to the region.

In the previous fiscal year (FY23), Pakistan’s exports to the Middle East had contracted by 12.62% to $2.332 billion from $2.669 billion in the preceding year. Imports also saw a decline of 7.24%, totaling $17.488 billion in FY23 compared to $18.853 billion in the previous year.

Exports to Saudi Arabia recorded a notable increase of 50% in July-November of FY24, reaching $275.65 million from $183.73 million over the corresponding months of the previous year. Saudi Arabia stands as Pakistan’s second-largest market in the region after the UAE. In FY23, exports to Saudi Arabia had risen by 13.1% to $503.40 million from $420.40 million in the preceding fiscal year.

Meanwhile, exports to the UAE saw a significant rise of 33%, totaling $817.978 million in the first five months of FY24 from $614.864 million over the corresponding months of the previous year. This rebound follows a decline of 20.23% to $1.474 billion in FY23 from $1.848 billion in the corresponding months of FY22.

The bulk of exports to the UAE was destined for Dubai, amounting to $655.90 million during July-November FY24, showing an increase of 17.59% from $557.77 million in the corresponding period last year.

Top export products to the UAE include rice, bovine carcasses, men’s/boys’ cotton ensembles, guavas, and mangoes, while top sectoral exports include cereals, articles of apparel and clothing, meat, and edible offal.

Exports to Kuwait increased by 7.4% to $51.81 million during July-November FY24 from $48.24 million over the corresponding months of the previous year. On the other hand, exports to Qatar declined by 15.84% to $96.66 million in the same period from $83.44 million during FY23. Additionally, exports to Bahrain also declined by 6.35% to $29.04 million in 5MFY24 from $31.01 million over the corresponding period last year.

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Mercadona is one of the leading physical supermarket and online shopping companies in Spain. Mercadona is a Spanish supermarket chain. Mercadona Created in 1977 by the Cárnicas Roig Group, currently it has 1.633 stores across Spain and 49 in Portugal, and a staff of 99.000 employees who seek excellence, 3.500 of them in Portugal. Mercadona was ranked the 9th most reputable company in the world in 2009, by the Reputation Institute as listed in Forbes magazine. Francisco Roig Ballester and his wife, Trinidad Alfonso Mocholi, founded the company in 1977, which began as a small butcher shop in Tavernes Blanques, a village in Valencia. Source: https://info.mercadona.es/en/

Cash is King 👑💖👑👑👑 Why burn Rupees!

Topic: Cash is King 👑💖👑👑👑 Why burn Rupees! . . . . Retailer Pakistani Reports by Nisar Moosa #RetailerPakistani #retailerpakistaniteam #consumer #sustainable #retailerpakistaniteam #businessgrowth #article #businessvlog #vision #businesstips

Lactalis is the largest dairy products group in the world Lactalis is a French multinational dairy products corporation, owned by the Besnier family and based in Laval, Mayenne, France. The company's former name was Besnier SA. Lactalis is the one of the biggest dairy products group in the world, and is the second largest food products group in France, behind Danone. The company’s product portfolio includes cheese, liquid milk, chilled products, butter and cream, dairy based ingredients, and nutritional products. These products find applications in chocolates and confectioneries, dairy products, clinical and infant nutrition products, frozen desserts, breads, croissant, biscuits, cheeses, ready meals, cooked meats and animal nutrition products. It owns brands such as Parmalat, Président, Siggi's Dairy, Skånemejerier, Rachel's Organic, and Stonyfield Farm. André Besnier started a small cheesemaking company in 1933 and launched its Président brand of Camembert in 1968. Lactalis employs 75,000 people worldwide, at 237 production sites in 43 countries. Lactalis is headquartered in Laval, Pays-de-la-Loire, France. Each year, more than 17 000 containers are exported to more than 90 countries around the world by Lactalis International. Lactalis International commercializes prestigious international brands: Président, Lactel, Galbani, and many regional brands: Laicran, Pride, QBB…with the same objective to meet the expectations of customers and fit to their local consumption modes. Sources : https://www.lactalis-international.com/en/ https://www.globaldata.com Wikipedia

Why Cash is King 👑👑👑👑 by Nisar Moosa (COO Retailer Pakistani ).! Retailer Pakistani Reports by Nisar Moosa #RetailerPakistani #retailerpakistaniteam #consumer #sustainable #retailerpakistaniteam #businessgrowth #article #businessvlog #vision #businesstips

Spar International is the world's Leading Independent Supermarket Retail Chain in the World

Spar International is the World's Leading Independent Supermarket Retail Chain in the World SPAR, originally DESPAR, styled as DE SPAR is a Dutch multinational franchise that provides branding, supplies and support services for independently owned and operated food retail stores. It was founded in the Netherlands in 1932, by Adriaan van Well. There are now more than 13,900 SPAR stores in over 48 countries on four continents, meeting the needs of over 14.7 million consumers every day. Its headquarters are in Amsterdam. The company operates a partnership programme and 4,60,000 employees Worldwide working. SPAR operates a multi-format retail strategy with four distinct formats: SPAR, SPAR Express, EUROSPAR Supermarket and INTERSPAR Hypermarket, each tailored to meet specific customer needs and markets. The diverse solutions range from convenience stores to large hypermarkets. In fiscal year 2021, SPAR earned €41.2 billion in global sales, which represented a 3.3 percent increase over the previous year. Spar was founded in 1932 in the South Holland town of Zegwaart (now part of Zoetermeer). In 1953, an International Spar office opened in Amsterdam to control and further develop the organisation throughout Europe and other continents. Many Spar shops are in Europe, but they can also be found in a number of countries outside of Europe, such as Australia, Oman, Saudi Arabia, Qatar, United Arab Emirates, Nigeria, South Africa, Botswana, Namibia, Zimbabwe, Zambia, Mozambique, Seychelles, Sri Lanka, Cameroon, China,India and Pakistan. Sources : https://spar-international.com/ Wikipedia

"𝐆𝐞𝐭 𝐲𝐨𝐮𝐫 𝐩𝐫𝐞𝐦𝐢𝐮𝐦 𝐪𝐮𝐚𝐥𝐢𝐭𝐲 𝐜𝐚𝐤𝐞𝐬 𝐟𝐫𝐨𝐦 𝐲𝐨𝐮𝐫 𝐧𝐞𝐚𝐫𝐞𝐬𝐭 𝐬𝐭𝐨𝐫𝐞𝐬."

Nisar Moosa (COO Retailer Pakistani ) was invited to the Karachi regional office by Aftab Saeed (𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐇𝐞𝐚𝐝 𝐒𝐨𝐮𝐭𝐡 𝐅𝐌𝐏 𝐆𝐫𝐨𝐮𝐩 𝐨𝐟 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬) Where Krunchee's 😍 supreme cake range was launched. "𝐆𝐞𝐭 𝐲𝐨𝐮𝐫 𝐩𝐫𝐞𝐦𝐢𝐮𝐦 𝐪𝐮𝐚𝐥𝐢𝐭𝐲 𝐜𝐚𝐤𝐞𝐬 𝐟𝐫𝐨𝐦 𝐲𝐨𝐮𝐫 𝐧𝐞𝐚𝐫𝐞𝐬𝐭 𝐬𝐭𝐨𝐫𝐞𝐬." Retailer Pakistani "As we promised best quality is our first priority." 👇👇👇 Krunchee's 😍 #sugarfree #pakistan #krunchee's #premiumlaunching #sweets #Available #retailerpakistani #Karachi #butterbites #digestivecookies #onlypakistanmade #proudpakistanibrand #cookiesart

آرلا فوڈ دنیا کی پانچویں بڑی ڈیری کمپنی ہے۔

آرلا فوڈ دنیا کی پانچویں بڑی ڈیری کمپنی ہے۔ آرلا فوڈز ایک ڈینش-سویڈش ملٹی نیشنل کوآپریٹو ہے جو وبی، ڈنمارک میں واقع ہے۔ آرلا فوڈز امبا (ارلا فوڈز) ڈائری کی مصنوعات تیار کرنے والی کمپنی ہے۔ کمپنی کے پروڈکٹ پورٹ فولیو میں دودھ، دودھ کا پاؤڈر، مکھن، دہی، پنیر، غذائیت اور دیگر ڈیری مصنوعات شامل ہیں۔ آرلا فوڈز اپنی مصنوعات کو اینکر، لورپاک، کاسٹیلو، لیکٹوفری، اپیٹینا، لورپاک، بیبی اینڈ می، ڈانو، چیسی، نٹورا، یوگی، اسکائر، کیرگارڈن اور بوکو کے برانڈز کے تحت مارکیٹ کرتی ہے۔ یہ برطانیہ، جرمنی، سویڈن، ڈنمارک، نیدرلینڈز، سعودی عرب، فن لینڈ، چین، عمان، امریکہ، بیلجیم، کینیڈا، متحدہ عرب امارات، اسپین، فرانس اور آسٹریلیا میں اپنی مصنوعات فروخت کرتا ہے۔ آرلا فوڈز دودھ کی مقدار کے حوالے سے دنیا کی چوتھی بڑی ڈیری کمپنی ہے، ٹرن اوور کے حوالے سے ساتویں نمبر پر ہے۔ ڈنمارک، سویڈن، جرمنی، برطانیہ، بیلجیئم، نیدرلینڈز اور لکسمبرگ کے 12,700 کسانوں کے پاس آرلا کوآپریٹو کی ملکیت ہے۔ آرلا فوڈز 17 اپریل 2000 کو سویڈش ڈیری کوآپریٹو آرلا اور ڈینش ڈیری کمپنی MD فوڈز کے درمیان انضمام کے نتیجے میں تشکیل دی گئی تھی۔ 1880 کی دہائی میں، سویڈن اور ڈنمارک میں ڈیری فارمرز نے دودھ کی پیداوار کی مشترکہ سہولیات میں سرمایہ کاری کر

Arla Food is the fifth biggest dairy company in the world

Arla Food is the fifth biggest dairy company in the world Arla Foods is a Danish-Swedish multinational cooperative based in Viby, Denmark. Arla Foods amba (Arla Foods) is a producer of diary products. The company's product portfolio includes milk, milk powder, butter, yoghurt, cheese, nutrition and other dairy products. Arla Foods markets its products under the brands of Anchor, Lurpak, Castello, Lactofree, Apetina, Lurpak, Baby and Me, Dano, Cheasy, Natura, Yoggi, Skyr, Kaergarden and Buko. The company’s business model includes farmers, cows, milk collection, consuers, packaging, and production. It sells its products across the UK, Germany, Sweden, Denmark, Netherlands, Saudi Arabia, Finland, China, Oman, the US, and Belgium, Canada, the UAE, Spain, France, and Australia. Arla Foods is the fourth largest dairy company in the world with respect to milk volume, seventh with respect to turnover. Arla Cooperatives are owned by 12,700 farmers of Denmark, Sweden, Germany, Great Britain, Belgium, the Netherlands and Luxembourg. Arla Foods was formed as the result of a merger between the Swedish dairy cooperative Arla and the Danish dairy company MD Foods on 17 April 2000. In the 1880s, dairy farmers in Sweden and Denmark formed small cooperatives to invest in common dairy production facilities. The first dairy cooperative was established in Sweden at Stora Arla Gård in Västmanland in 1881 under the name of Arla Mejeriförening, and the first Danish cooperative dairy was established in Hjedding, outside Ølgod, Southern Jutland in 1882. In October 2019, Arla Foods has invested an estimated €50 million (US$55 million) in a cheese production site in Bahrain. By 2025, Arla expects to increase annual production in Bahrain to more than 100,000 tons under its Puck, Arla, Dano, Kraft and Private Label brands. The attached video is about to Arla Bahrain Cheese Production site. Sources : https://www.arla.com https://www.globaldata.com https://iheartfilm.ne

The Exhibition booths received appreciation at The Retail Show and people loved to engage with the brands. Here are some of the memorable shots from the event. It was an honor for Retailer Pakistani to be the media partner with THE RETAIL SHOW 2023. It was a wonderful experience for us to be part of this amazing event, which happened in Mövenpick Hotel Karachi on 5 Dec 2023. TerraBiz #TRS23 #theretailshow #trs2023 #RetailExcellence #futureofretail #TRS23 #FMCGStrategies #RetailInsights #RetailRevolution #digitalcommerce

Magnit (Магнит, "Magnet") is one of Russia's largest food retailers

Magnit (Магнит, "Magnet") is one of Russia's largest food retailers Magnit is one of Russia’s leading food retail chains, number one by the amount of stores and geographical coverage. The company operates in about 4,218 localities: over 16 million customers visit its stores every day. Magnit utilizes a multiformat model, which includes convenience and drogerie stores, supermarkets and pharmacies. As of September 30, 2023, the company had a total of 28,707 stores in 67 regions of Russia. Magnit's cross-format loyalty programme covers over 74 million people. Magnit is a unique company for Russian retail. Aside from commodity sale, it operates a private-label food production business. The company manages several plants for growing vegetables and production of dry food and confectionery. Magnit owns greenhouse and mushroom complexes, which are amongst the largest in Russia. Company’s logistics infrastructure includes 45 distribution centers and 5,422 trucks. Magnit is included in the list of the World’s Largest Public Companies (Global 2000 by Forbes); it tops Forbes’ ranking of Russia’s Largest Private Employers. The company currently employs a total of about 348,000 employees. Magnit was founded in 1994 in Krasnodar, the Southern region of Russia, as a small regional company. Since then Magnit has evolved into one of the largest companies in Russia. The retailer’s headquarters are still located in Krasnodar. According to the IAS 17 results for 9M 2023, Magnit's revenue amounted to RUB 1,858 billion, EBITDA — to RUB 124 billion. Sources: https://www.magnit.com/en/ Wikipedia

میگنیٹ روس کے سب سے بڑے فوڈ ریٹیلرز میں سے ایک ہے۔

میگنیٹ روس کے سب سے بڑے فوڈ ریٹیلرز میں سے ایک ہے۔ میگنیٹ روس کی معروف فوڈ ریٹیل چینز میں سے ایک ہے، جو سٹورز کی مقدار اور جغرافیائی کوریج کے لحاظ سے پہلے نمبر پر ہے۔ کمپنی تقریباً 4,218 علاقوں میں کام کرتی ہے: ہر روز 16 ملین سے زیادہ صارفین اس کے اسٹورز کا دورہ کرتے ہیں۔ میگنیٹ ایک ملٹی فارمیٹ ماڈل کا استعمال کرتا ہے، جس میں سہولت اسٹورز، سپر مارکیٹس اور فارمیسی شامل ہیں۔ 30 ستمبر 2023 تک، کمپنی کے روس کے 67 علاقوں میں کل 28,707 اسٹورز تھے۔ میگنیٹ کا کراس فارمیٹ لائلٹی پروگرام 74 ملین سے زیادہ لوگوں کا احاطہ کرتا ہے۔ میگنیٹ روسی ریٹیل کے لیے ایک منفرد کمپنی ہے۔ اجناس کی فروخت کے علاوہ، یہ ایک پرائیویٹ لیبل فوڈ پروڈکشن کا کاروبار چلاتا ہے۔ کمپنی سبزیاں اگانے اور خشک خوراک اور کنفیکشنری کی تیاری کے لیے کئی پودوں کا انتظام کرتی ہے۔ میگنیٹ کے پاس گرین ہاؤس اور مشروم کمپلیکس ہیں، جو روس میں سب سے بڑے کمپلیکس میں سے ہیں۔ کمپنی کے لاجسٹک انفراسٹرکچر میں 45 ڈسٹریبیوشن مراکز اور 5,422 ٹرک شامل ہیں۔ کمپنی میں اس وقت کل تقریباً 348,000 ملازمین ہیں۔ میگنیٹ کی بنیاد 1994 میں روس کے جنوبی علاقے کراسنودار میں ایک چھوٹی علاقائی کمپنی کے طور پر رکھی گئی تھی۔ تب سے میگنیٹ روس کی سب سے بڑی کمپنیوں میں سے ایک بن گئی ہے۔ می

LuLU Hypermarket is the fastest growing retail chain in the Middle East and Asia.

LuLU Hypermarket is the fastest growing retail chain in the Middle East and Asia. LuLu Group International is an Emirati-based multinational conglomerate company that operates a chain of hypermarkets and retail companies, headquartered in Abu Dhabi, United Arab Emirates. It was founded in 2000 by M. A. Yusuff Ali from Nattika in Kerala, India. The Group mainly operates "Lulu Hypermarket", a chain of hypermarkets that ranks among the top grocers in many of the markets it operates in. LuLu has over 65,000 employees of various nationalities. It is one of the largest retail chains in Asia and is the biggest in the Middle East with 259 outlets in the Gulf Cooperation Council (GCC) countries and elsewhere. In addition to Lulu Hypermarket, the group operates 13 malls in the GCC, and 5 malls in India. The group is among the world's 50 fastest growing retailers. The group also owns the Lulu Convention Centre in Thrissur and the Lulu Bolgatty International Convention Centre in Mulavukad Island which is one of the largest convention centres in South Asia. The group accquired a 10-percent stake in the UK-based trading firm, East India Company, and a 40-percent stake in its fine foods subsidiary for around $85 million in total.Y International is the export distribution center in the United States and Europe for LuLu Group International. LuLu Group International opened its first supermarket in Abu Dhabi, United Arab Emirates in 1995. Sources : https://www.lulugroupinternational.com/ Wikipedia

لولو ہائپر مارکیٹ مشرق وسطیٰ اور ایشیا میں سب سے تیزی سے بڑھتی ہوئی ریٹیل چین ہے۔

لولو ہائپر مارکیٹ مشرق وسطیٰ اور ایشیا میں سب سے تیزی سے بڑھتی ہوئی ریٹیل چین ہے۔ لو لو گروپ انٹرنیشنل ایک اماراتی ملٹی نیشنل کمپنی ہے جو ہائپر مارکیٹس اور ریٹیل کمپنیوں کا ایک سلسلہ چلاتی ہے، جس کا صدر دفتر ابوظہبی، متحدہ عرب امارات میں ہے۔ اس کی بنیاد 2000 میں ایم اے یوسف علی نے کیرالہ، انڈیا کے ناٹیکا سے رکھی تھی۔ یہ گروپ بنیادی طور پر "لولو ہائپر مارکیٹ " چلاتا ہے، ہائپر مارکیٹوں کی ایک چین ہے جو کہ بہت ساری مارکیٹوں میں سرفہرست گروسروں میں شمار ہوتی ہے۔ لو لو گروپ انٹرنیشنل کے پاس مختلف قومیتوں کے 65,000 سے زیادہ ملازمین ہیں۔ یہ ایشیا کی سب سے بڑی ریٹیل چینز میں سے ایک ہے اور خلیج تعاون کونسل (GCC) ممالک اور دیگر جگہوں پر 259 دکانوں کے ساتھ مشرق وسطیٰ میں سب سے بڑی ہے۔ لولو ہائپر مارکیٹ، گروپ GCC میں 13 مالز اور بھارت میں 5 مالز چلاتا ہے۔ یہ گروپ دنیا کے 50 تیزی سے ترقی کرنے والے ریٹیلرز میں شامل ہے۔ یہ گروپ تھریسور میں لولو کنونشن سنٹر اور ملاووکڈ جزیرے میں لولو بولگاٹی انٹرنیشنل کنونشن سینٹر کا بھی مالک ہے جو جنوبی ایشیا کے سب سے بڑے کنونشن مراکز میں سے ایک ہے۔ اس گروپ نے برطانیہ میں قائم تجارتی فرم، ایسٹ انڈیا کمپنی میں 10 فیصد حصص اور اس کے فائن فوڈز کے ذیلی ادارے میں 40 فیصد حصص تقریباً 85 ملین ڈ

Aneel Arshad (Senior Manager HR Limited Manufacturer of Capri and Opal soaps)

Aneel Arshad (Senior Manager HR Limited Manufacturer of Capri and Opal soaps) Shared his words for this event and gave valuable feedback for this amazing event that was held at Mövenpick Hotel Karachi. He also added that it's very important for all of us to do this type of activity in Pakistan with the help of these events we can grow together in the #retail sector. It was an honor for Retailer Pakistani to be the media partner with THE RETAIL SHOW 2023 which is going to happen in Mövenpick Hotel Karachi on 5 Dec 2023. TerraBiz #TRS23 #theretailshow #trs2023 #RetailExcellence #futureofretail #TRS23 #FMCGStrategies #RetailInsights #RetailRevolution #digitalcommerce

We should Promote our own Pakistani Products.. These are some alternatives.

We should Promote our own Pakistani Products.. These are some alternatives. Make the smart choice for quality and local pride! Great initiative by Chase Up to elevate support for local products and embrace our roots. Chase Up Retailer Pakistani #BePakistaniBuyPakistani #ChaseUp #Pakistan #supportlocalbusinesses #madeinpakistan #madeforpakistan

Very Honorable Host and Organizer Hamza Hashmi (CEO TerraBiz & Organizer of The Retail Show 2023)

Very Honorable Host and Organizer Hamza Hashmi (CEO TerraBiz & Organizer of The Retail Show 2023) Shared his own experience of being in this event he felt really pleasure and was thankful to all the special guest speakers who came from abroad and to share their ideas and innovations for making this event more special for all the visitors. He also added I am very grateful to the Team of Retailer Pakistani for making this event more valuable and worthy. It was an honor for Retailer Pakistani to be the media partner with THE RETAIL SHOW 2023, which happened in Mövenpick Hotel Karachi on 5 Dec 2023. TerraBiz . . #TRS23 #theretailshow #trs2023 #RetailExcellence #futureofretail #TRS23 #FMCGStrategies #RetailInsights #RetailRevolution #digitalcommerce #TerraBiz

Very Honorable and respective Tariq Mehboob (CEO ROYAL TAG & The Chairman of,Chainstore Association of Pakistan )

Very Honorable and respective Tariq Mehboob (CEO ROYAL TAG & The Chairman of,Chainstore Association of Pakistan ) Shared his words for this event and gave valuable feedback for this amazing event Organized by TerraBiz which was held at Mövenpick Hotel Karachi. He also added that all of us must do this type of activity in Pakistan with the help of these events we can grow together in the retail sector. It was an honor for Retailer Pakistani to be the media partner with THE RETAIL SHOW 2023, which happened in Mövenpick Hotel Karachi on 5 Dec 2023. TerraBiz #TRS23 #theretailshow #trs2023 #RetailExcellence #futureofretail #TRS23 #FMCGStrategies #RetailInsights #RetailRevolution #digitalcommerce