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Walter Mart was founded in the 1990s by Wilson Lim, at the time of the economic crisis when the major players were not expanding aggressively. The company saw that there was an opportunity to expand in developing communities and uplift their standards of living by providing gainful employment to the locals and improving their shopping experience.
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.
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.
The City of Balanga, the capital of Bataan, is the prime commercial hub in the province and hosting several shopping centers notably SM City Bataan, Vista Mall Bataan, Waltermart Balanga, Capitol Square, Galeria Victoria, Center Plaza Mall, Recar Commercial Complex and Ocampo's Megastore.
The first enclosed shopping mall in the metropolis was Crystal Arcade located along Escolta Street in the downtown district of Binondo. This art deco building designed by Andrés Luna de San Pedro also housed the Manila Stock Exchange and was the Philippines' first air-conditioned building inaugurated on June 1, 1932.
TOBY's (taken over by Robinsons Retail Holdings Inc.) Pilipinas Makro (initially fully taken over by SM and all branches subsequently converted into SM Hypermarkets, Savemore Markets or abandoned)
Pampanga has large and high-end malls in Central Luzon. SM City Pampanga is the largest in the region and one of the longest malls in the Philippines. The Marquee Mall Ayala contains luxury shops and restaurants, and has a unique design.
Robinsons Malls is one of the largest shopping malls and retail operators in the Philippines. [1] It was incorporated on September 9, 1997, by entrepreneur John Gokongwei Jr. to develop, conduct, operate and maintain the Robinsons commercial shopping centers and all related businesses, such as the lease of commercial spaces within the compound of shopping centers.