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The SM Store is the department store chain of SM Supermalls. The first outlet was established in 1972 along Carriedo in Quiapo, Manila, when Shoemart store was converted into a full-fledged department store. [2] It was renamed as the SM Department Store in 1975 [71] prior to being rebranded as "SM Store". The SM Store would become one of SM ...
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).
This article lists the largest shopping malls in the Philippines by gross floor area. SM Prime Holdings is the largest shopping retail operator in the Philippines with 78 operating malls totaling a gross floor area of 4.5 million square meters nationwide.
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.
SM Prime Holdings, Inc. (SMPH) is a Filipino integrated property developer and a public subsidiary of SM Investments Corporation.It was incorporated on January 6, 1994, to develop, conduct, operate, and maintain the SM commercial shopping centers and all businesses related thereto, such as the lease of commercial spaces within the compound of shopping centers.
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 Supermalls – the shopping malls of SM Investments Corporation is operated by its subsidiary, SM Prime Holdings. SM Development Corporation (SMDC) – is a residential property developer which focuses on the premium middle market. SMDC now operates SM Residences and MPlace.
SM City Valenzuela (formerly SM Supercenter Valenzuela and SM Center Valenzuela), is a shopping mall owned and operated by SM Prime Holdings, the largest retail and mall operator in the Philippines. It is located along MacArthur Highway , Barangay Karuhatan , Valenzuela City .
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