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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.
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.
Prior to the Pacific War, Escolta Street was also home to the city's first standalone department stores, including H.E. Heacock, until then the largest department store in the Philippines, opening in 1900, and the Aguinaldo Department Store, the most premium store in the Philippines opening in 1921. Other notable stores in the 1920s and 1930s ...
Bench was established in 1987 by Ben Chan.Its first outlet was a small store selling men's t-shirts [1] in an outlet of the SM Department Store (now SM Store). [2] In 1991, Bench released its first television commercial featuring Filipino actor Richard Gomez as its endorser which set a standard on how the brand is promoted by its celebrity endorsers.
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Gateway Mall is a shopping mall in the Araneta City in Cubao, Quezon City, Philippines.Owned and operated by the Araneta City, Inc. (ACI, Inc.), a subsidiary of the Araneta Group, the mall was completed in 2004 and currently has 300,000 m 2 (3,200,000 sq ft) of total floor area, making the mall one of largest in the Philippines.
S&R Membership Shopping was established in 2001 as S&R PriceSmart, a franchise of the American membership-only warehouse club chain PriceSmart. [ 1 ] [ 2 ] The name "S&R" stands for American businessmen Sol and Robert Price, founders of Price Club and PriceSmart. [ 1 ]
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