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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. The store has been renovated and relaunched under the name SM Clearance Outlet.
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).
In his twenties, Sy became a store manager working for an American business involved in the local shoe industry in the Philippines; he opened his first sole-proprietorship store in Quiapo, Manila in 1948. [3] He opened at least three shoe stores in the Carriedo area which was then known for its heavy pedestrian traffic.
SM Markets – a chain of food retail stores consisting of SM Supermarket, SM Hypermarket and Savemore. SM Store – a department store; Walter Mart – a shopping mall owned by a joint venture between SM and a local company. Alfamart – a convenience store owned by a joint venture between SM and an Indonesian company.
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.
Rustan's is a Philippine chain of upmarket department stores owned by the Rustan Group of Companies (RGOC). Rustan's Department Store is the flagship brand of the Rustan Group of Companies and has five major branches, three boutiques and an online shopping store rustans.com. Rustan's Department Store is considered the Philippines most prestigious retailer, carrying many of the world's most ...
Wagwagan in Baguio. An ukay-ukay (Tagalog pronunciation: [ˌʔuːkaɪ.ˈʔuːkaɪ] oo-ky-OO-ky), or wagwagan (Ilocano pronunciation: [wɐgˈwaːgɐn] wəg-WAH-gən) is a Philippine store where a mix of secondhand and surplus items such as clothes, bags, shoes and other accessories are sold at a more affordable price.
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