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Walter Mart's logo from 1990 to 2017. However, this was used as a secondary logo, and it is still seen on the facade until 2023. 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.
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.
Glo-ri's Supermart (acquired by SM from Glorimart Inc. and all branches subsequently converted into Savemore Markets) Queen's Supermart (after 1981 Harrison Plaza fire, and reopening in the 1984, it was replaced by Rustan's Supermarket, before eventually converted into Shopwise)
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.
These super-regional supermalls each have over a hundred local and international stores and are anchored by at least one department store and supermarket or hypermarket. . They are also the largest malls in Metro Manila which feature not just stores but also attractions: movie theaters, rides, skating rinks, bowling alleys and other recreational facilit
BDO Unibank was established on January 2, 1968 as Acme Savings Bank, a thrift bank with just two branches in the area before Metro Manila was formed. In November 1976, Acme was acquired by the SM Group, the group of companies owned by retail magnate Henry Sy, and renamed Banco de Oro Savings and Mortgage Bank.
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).
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