Retailers grab good business on Independence Day

Web DeskWeb Editor

14th Aug, 2021. 03:42 pm

ISLAMABAD: The trading activities across the country gained momentum before the arrival of the 75th Independence Day celebrations, as the people visited the markets to buy national flags, banners, buntings, printed face masks, horns, besides dining out, purchased sweets and other bakery items.

Although the prevailing Covid-19 pandemic has affected the business, a big improvement was seen this year, compared with last year when a relatively strict lockdown was in place to contain the surge of the pandemic.

Islamabad Chamber of Commerce and Industry president Yasir Ilyas, who is also the Retailers Association’s president, told APP that normally 100 per cent to 120 per cent increase in Independence Day-related trade activities was seen every year in Centaurus Shopping Mall alone but this year such an increase could not be witnessed.

However, he expressed the hope to get more business this year too because trade activities on August 13 and 14 were used to be the highest.

Talking to APP, All Pakistan Anjuman-e-Tajiran president Ajmal Baloch said that the market situation, especially in the Federal Capital on the eve of the 75th Independence Day was good and the retailers, as well as seasonal stall holders were earning handsome money.

Besides trade of the decorative material such as bunting, flags, banners, horns, etc, for the celebration of the Independence Day, the businesses of fast food outlets, restaurants and bakeries also went up, as the people moved out of homes and spent money in the markets.

Meanwhile, during a visit to various markets, it was observed that the people were more interested in green colour facemasks and those printed with national flags, which were being sold at Rs50 toRs60/piece.

In addition, a packet of normal quality bunting flags was being sold at around Rs130 to Rs180, while a good quality packet was being sold up to Rs600.

Muhammad Sohaib, a stall holder told this scribe that he was getting good business this year, compared with the last year but still it was not as much as it was used to be in pre-Covid times.

The shoppers; however, also complained about extremely high prices of the decorative items, demanding the government should keep a check on the prices, besides providing subsidies to the retailers so that everybody should participate in the celebrations.

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