Sunday, September 11, 2016

Alpha opens with a bang as Tesco lands in Karachi


By Abdul Qadir Qureshi 
(Pakistan News & Features Services)

The Alpha opening in the basement of Ocean Mall, Clifton, on September 10 was quite a memorable event. 

It was an evening to remember as Karachi finally had the presence of Tesco, a reputed British multinational grocery and general merchandise retailer. 

As anticipated the launch of Alpha turned out to be a phenomenal success with the large turnout, a clear indication of the project generating immediate attention to the extent of creating waves among the potential customers. 

It’s the fulfillment of yet other cherished dream of Nadeem Hussain, Founder and Coach at Planet N Group of Companies, having earned accolades in the financial services industry of Pakistan through his impossibly gifted talents.

Living to the reputation of being very passionate about whatever he ventures into, the former Citi Group country chief in Pakistan has now got his Planet N Group off to a flying start with the launch of Alpha and obviously there is a lot more to follow. 

A firm believer of giving back to the society while pursuing his corporate goals, Nadeem Hussain has believed in setting examples, having been a naturally gifted leader, who always has a vision and a strategy to implement and achieve his objectives. 

Now he’s being lauded for bringing Tesco in Karachi, the commercial hub of the country. 

He had signed exclusive rights for Tesco for Pakistan, opening the doors for the third largest retailer in the world measured by profits and the second-largest retailer in the world measured by revenues.

Historically Tesco was founded in 1919 by Jack Cohen as a group of market stalls. 

The Tesco name had first appeared in 1924, after Cohen purchased a shipment of tea from T E Stockwell and combined those initials with the first two letters of his surname and the first Tesco store opened in 1931 in Burnt Oak, Barnet. 

Originally a UK grocery retailer, Tesco has diversified geographically since the early 1990s and into areas such as the retailing of books, clothing, electronics, furniture, toys, petrol and software; financial services; telecoms and internet services.

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