The Retail Food Sector in Pakistan

Retailing plays a key role in the economic development of a country. Retail is the 2nd largest industry in the US in terms of numbers of employees as well as in terms of establishment. The number of employees engaged in retail sector in one way or other way is more than 23 million and they generate revenue high than $3milion per year. Pakistan retail sector play a key role in the economy of the country. The total turnover of the retail sector in Pakistan is 17% of the GDP. Pakistan is basically an agriculture country and 62% of the total population is directly or indirectly engaged in the agriculture sector but still the agriculture sector cannot fulfil the food requirement of Pakistan and she has to import food products from other countries. An average Pakistani spends 42% of his income on food item. Pakistan is emerging market for the import of food products.