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SM Store Quiapo (also known as SM Clearance Outlet and SM Carriedo) was the first SM store, opened in 1972. The store was owned by the Chinese-Filipino billionaire Henry Sy and it is currently being managed by SM Investments's foundation, SM Department Store Inc.
SM Supermalls, or simply SM, is a chain of shopping malls owned by the Philippines-based SM Prime. As of February 2025, it has a total of 95 malls (87 in the Philippines and 8 in China). It also has 13 malls under construction (5 in the Philippines and 2 in China). It was formerly known as Shoemart.
Shopping malls play an important role in the Philippine economy. Major Philippine mall chains include SM Supermalls, which has over 86 shopping malls around the country, and Ayala Malls, which has 31 shopping malls nationwide. Other major mall chains include Robinsons Malls, Walter Mart malls, Gaisano Malls, Ever Gotesco Malls, and Isetann.
SM Seaside City in Cebu City. This is a list of notable shopping malls in the Philippines.The retail industry in the Philippines is an important contributor to the national economy as it accounts for approximately 15% of the country's total Gross National Product (GNP) and 33% of the entire services sector.
SM Retail has ownership over SM Supermarket, SM Hypermarket and Savemore chains which would later be called collectively as SM Markets. [8] [1] It also owns SM Store department stores and food retail stores under Walter Mart and Alfamart (joint venture between SM and the Indonesian-based mini-mart/convenience store chain for Philippine franchise).
A. Venue Mall Poblacion, Makati: Strip mall 2019 Closed sometime in 2019 due to bankruptcy El Pueblo Real de Manila Julia Vargas Avenue, Ortigas Center, Pasig: Strip mall 2021 [49] Closed in July 2021. Forum Robinsons: EDSA, Barangka Ilaya, Mandaluyong: Community mall Robinsons Malls: 2022 [50] Closed in April 2022. [50] Harrison Plaza
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